je.st

Home › alcatellucent

Tag: alcatellucent

Alcatel-Lucent enterprise could be up for sale again

2013-11-08 21:00:19| InfoWorld: Top News

Alcatel-Lucent is reportedly looking again to sell its enterprise business as it attempt to cut expenses through an asset sale. Citing unnamed sources, Reuters is reporting that Alcatel-Lucent has enlisted Lazard, Ltd. to help it find a buyer for its enterprise business, which makes IP telephony and Ethernet switching equipment. It would be the second time in three years that the French company attempted to unload the unit.

Tags: for sale enterprise alcatellucent

Alcatel-Lucent enterprise unit could be up for sale again

2013-11-08 21:00:19| InfoWorld: Top News

Alcatel-Lucent is reportedly looking again to sell its enterprise business as it attempt to cut expenses through an asset sale. Citing unnamed sources, Reuters is reporting that Alcatel-Lucent has enlisted Lazard to help it find a buyer for its enterprise business, which makes IP telephony and Ethernet switching equipment. It would be the second time in three years that the French company attempted to unload the unit.

Tags: for sale unit enterprise

Alcatel-Lucent to raise EUR 1.5 bln with rights issue, bonds

2013-11-04 09:53:00| Telecompaper Headlines

(Telecompaper) Alcatel-Lucent has announced plans to raise fresh capital to strengthen its balance sheet, including a rights issue worth EUR 955 million. Existing shareholders will have the right to buy new shares at EUR 2.10 each, a steep discount to the closing price of EUR 2.97 per share the day before the offering was announced. If the offering is fully subscribed, it will result in the issue of around 460 million new shares, or around a fifth of the current outstanding total. In addition, Alcatel-Lucent announced a high-yield bond offering worth USD 750 million and a new syndicated revolving credit facility of EUR 500 million. The new financing is expected to strengthen the company's equity and provide funding for its ongoing 'Shift Plan' to narrow its operations and restore profitability.

Tags: rights issue eur raise