Nokia and Alcatel-Lucent, a business combination followed closely in France
Two European heavyweights telecoms, Finland’s Nokia and Franco-American rival Alcatel-Lucent, want unite to form an industry giant, an industrial project closely followed by the French government. Tuesday the two groups confirmed lead discussions about a possible merger, which could take the form of Nokia shares in exchange offer on Alcatel-Lucent.L’affaire was deemed important enough by Paris to the President François Hollande receives the same day the bosses of both groups, Rajeev Suri and Michel Combes.Ce reconciliation shall give rise to a major European champion, both equipment and technology on the mobile phone and fixed with the best technology Nokia and Alcatel “, welcomed the Minister of Economy Emmanuel Macron, at the end of this interview at the Elysee.” Today is a new phase of the business of life s’ opens after work recovery for two years is the expansion phase of reconquest that is done, “said Mr. Macron.Si it ended, the transaction would create a giant with revenues of 28 6 billion (about 27 billion) for infrastructure alone. It should also sign the absorption of Alcatel-Lucent, a member of the CAC 40, the elite of big companies françaises.Ce merger will have no social consequences in France, assured the Minister of Economy. “It which is important for us is that on one hand there will be no job losses in France, and more. We had all commitments from Nokia, “he said on BFM radio. “A center of excellence for research and development will be developed in France,” he continued, stating that “the 5G will be developed in France in the new group” .- Fear of ‘nth plane social ‘- A Nozay …
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