Friday, 22 September 2017

Alcatel-Lucent board backs Nokia merger

By Nick Wood, Total Telecom
Friday 05 June 15

Vendor's steering committee supports deal amid shareholder dissent about combining the company with its Finnish counterpart.

Alcatel-Lucent's board of directors has given its full support to the vendor's €15.6 billion acquisition by Nokia, despite dissention among shareholders. The Franco-U.S. equipment maker said on Thursday it has completed a merger consultation with its French Group Committee (Comité de Groupe France) – a steering group representing employee interests &ndash…

Alcatel-Lucent's board of directors has given its full support to the vendor's €15.6 billion acquisition by Nokia, despite dissention among shareholders. The Franco-U.S. equipment maker said on Thursday it has completed a merger consultation with its French Group Committee (Comité de Groupe France) – a steering group representing employee interests &ndash…

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