Nokia Said in Advanced Talks to Acquire Alcatel-Lucent Assets
2015-04-13 18:50:38.284 GMT
By John Simpson
(Bloomberg) -- Purchase intended to strengthen
telecommunications-equipment business, to better compete with
Ericsson, people familiar tell Bloomberg’s Francois de Beaupuy,
Marie Mawad, Jeffrey McCracken.
* Nokia may announce agreement to buy wireless assets as early
as this week, the people said
* The business had 2014 rev. of EU4.7b
* No agreement has been reached, and deal could still fall
apart, the people said
Story Link:NSN NMRDHC6KLVRP<GO>
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
--With assistance from Adam Ewing in Stockholm, Manuel Baigorri
and Matthew Campbell in London, Naomi Kresge in Berlin,
Jacqueline Simmons and Helene Fouquet in Paris and Alex Sherman
in New York.
To contact the reporter on this story:
John Simpson in Toronto at +1-416-203-5726 or
jsimpson12@bloomberg.net
To contact the editors responsible for this story:
Andrea Snyder at +1-202-624-1831 or
asnyder5@bloomberg.net
2015-04-13 18:50:38.284 GMT
By John Simpson
(Bloomberg) -- Purchase intended to strengthen
telecommunications-equipment business, to better compete with
Ericsson, people familiar tell Bloomberg’s Francois de Beaupuy,
Marie Mawad, Jeffrey McCracken.
* Nokia may announce agreement to buy wireless assets as early
as this week, the people said
* The business had 2014 rev. of EU4.7b
* No agreement has been reached, and deal could still fall
apart, the people said
Story Link:NSN NMRDHC6KLVRP<GO>
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
--With assistance from Adam Ewing in Stockholm, Manuel Baigorri
and Matthew Campbell in London, Naomi Kresge in Berlin,
Jacqueline Simmons and Helene Fouquet in Paris and Alex Sherman
in New York.
To contact the reporter on this story:
John Simpson in Toronto at +1-416-203-5726 or
jsimpson12@bloomberg.net
To contact the editors responsible for this story:
Andrea Snyder at +1-202-624-1831 or
asnyder5@bloomberg.net