The Finnish Nokia is negotiating the acquisition of the French Alcatel. A strategic partnership encouraged by the government. Discussions began between Nokia and Alcatel on Tuesday 14th April. The two CEOs were received at the Elysee. Proof that the State is closely monitoring announced the marriage between Nokia and Alcatel-Lucent. “Our collective conclusion is that Alcatel Lucent to succeed needed to bring another European player” Emmanuel Macron justifies the microphone of France 3.
In between businesses, the discussions were cordial, but the merger will be uneven. Stock market, Nokia now worth 30 billion euros, almost three times as Alcatel (11 billion). It is indeed a buy.
For Nokia, it’s a rebirth, the former star of the mobile smartphone missed the turn, but for three years, he managed his transfer network equipment. The same area as Alcatel, in crisis since its failed merger with the American Lucent. 18,000 jobs were lost in the world in less than ten years.
At the edge of bankruptcy, Alcatel now has this new merge to become bigger and more competitive. The government promises that this will not be at the cost of employment. The employees concerned have asked to be received as soon as the Minister of Economy.
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