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Stock Market & Financial Investment News

News Breaks
January 13, 2014
06:05 EDTALU, SIAlcatel-Lucent in talks to sell enterprise business, Bloomberg reports
Alcatel-Lucent (ALU) is in talks to sell its enterprise business to potential buyers including Unify GmbH & Co. KG, a Gores Group LLC and Siemens AG (SI) venture, sources say, reports Bloomberg. The enterprise unit sells telecommunications equipment and services to companies and had 2012 revenue of $1B. Reference Link
News For ALU;SI From The Last 14 Days
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August 20, 2014
12:38 EDTALUAlcatel-Lucent announces early repayment of $1.75B credit facility
Alcatel-Lucent announced today that its affiliate Alcatel-Lucent USA has repaid early and in full the senior secured credit facility of an initial principal amount of 1.75B entered into on January 30, 2013. The senior secured credit facility was secured by various first-priority pledges on a material portion of the Alcatel-Lucent Group's assets. The pledges will be consequently cancelled and released.

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