News of Bahrain
Lifestyle22 April 20151 min read

Alcatel-Lucent shares plunge more than 10% after Nokia deal

Shares in Alcatel-Lucent plunged more than 10 percent on Paris's stock market Wednesday after the French-American group announced that its Finnish rival Nokia was buying it in a 16.5 billion euro deal. Ten minutes after opening, the stock lost 10.51 percent to 4.01 euros, far und

Editorial Team Legacy

Published 22 April 2015, 8:00 · Updated 21:28

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Alcatel-Lucent shares plunge more than 10% after Nokia deal

Shares in Alcatel-Lucent plunged more than 10 percent on Paris’s stock market Wednesday after the French-American group announced that its Finnish rival Nokia was buying it in a 16.5 billion euro deal. Ten minutes after opening, the stock lost 10.51 percent to 4.01 euros, far underperforming the overall market which was trading down 0.17 percent.

Editorial Team Legacy

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