Finland's Nokia will tie the knot with Alcatel - Lucent in an all - stock deal that values
the French telecom company at 15.6 billion euros ($ 16.6 billion), the companies said on Wednesday.
The French telecoms company is cutting its stake in the British firm.
Nokia has turned to Skadden Arps Slate Meagher & Flom on its $ 15.6 bn (# 11.2 bn) acquisition of
French telecoms company Alcatel - Lucent, while Sullivan & Cromwell has picked up another leading role on the deal.
Not exact matches
An Orange spokesperson told Reuters on Wednesday that the
company denies a recent unsourced report by
French magazine Challenges that Orange had reached a deal with Vivendi that would include Orange buying a stake in
Telecom Italia — the Rome - based
telecom in which Vivendi has a 24.9 % stake — and buying up to 20 % of the film and television production studio Canal Plus Group.
Adviser to
telecom business Hutchison Europe, BP, Bridgepoint (a private equity group) and
French energy
company EDF;
Already in 2016, the American United Methodist Church declared the five largest Israeli banks off - limits for investment,
French telecom giant Orange terminated its Israeli contracts, and Irish multinational CRH divested its share from the Israeli
company supplying concrete for the Apartheid Wall.
* Alcatel stock has tripled in past seven months * Firm ranks 30th among
French companies for free float size * Buying pressure seen at 255 mln euros - Exane BNP Paribas * Alcatel would replace STMicro in benchmark By Blaise Robinson and Alexandre Boksenbaum - Granier PARIS, Nov 28 (Reuters)- Alcatel - Lucent could rejoin France's blue - chip CAC 40 index next month as the
telecom gear maker's turnaround gains traction and...
-LRB-...) beneficiaries of the ECB policy include German chemical giant BASF; electricity firms EDF, Engie, Enel, E.ON and Iberdrola; Airbus Group and Ryanair;
telecoms companies Orange, Deutsche Telekom, Telefonica, Telecom Italia and KPN; oil and gas
companies Shell, ENI, Total and Repsol; car
companies Volkswagen and Renault;
French pharmaceutical firm Sanofi; giant brewers Anheuser - Busch InBev and Heineken; conglomerates Unilever, Siemens and LVMH (Moët Hennessy Louis Vuitton); software and service provider SAP.»