Alcatel Lucent SA receives binding offer for Alcatel-Lucent Enterprise; proposes no FY 2013 dividend

Wednesday, 5 Feb 2014 07:00pm EST 

Alcatel Lucent SA:Says it has received a binding offer from China Huaxin, a technology investment company, for the acquisition of Alcatel-Lucent Enterprise.Says the offer values Alcatel-Lucent Enterprise at 268 million euros for 100 percent on an enterprise value basis.Says it will retain a 15 percent stake in Alcatel-Lucent Enterprise.Says its Board has recommended not to pay a dividend for fiscal year 2013. 

Company Quote

0.01 +0.42%
20 Oct 2014