Nokia bids to rebuild

Nokia is in talks to buy French telecoms firm Alcatel-Lucent for €15.6m, which would make it the second-biggest telecom equipment provider.

Nokia is in talks to buy French telecoms firm Alcatel-Lucent for €15.6m. The all-share deal will make the Finnish firm the second-biggest telecom equipment provider and help it compete more effectively with Sweden's Ericsson and China's Huawei.

The new company will be worth €40bn. The French government is backing the deal and no French job cuts are planned. Nokia shares fell 4%.

What the commentators said

The deal is "bold but messy", says Quentin Webb in Reuters BreakingViews. Both companies are already the "products of messy mergers and protracted restructurings."



Investment strategy

Broker safety – your questions answered

Cris Sholto Heaton answers more of your questions about the safety of stockbroker accounts
25 Mar 2020
Investment strategy

How demographics affects stock valuations

New research suggests that stock and bond valuations are driven by the age of the population – at least in the US.
24 Feb 2020
Stocks and shares

Do you own shares in Sirius Minerals? Here’s what you need to do now

Mining giant Anglo American has proposed a cash takeover of Yorkshire-based minnow Sirius Minerals. Unhappy shareholders must decide whether to accept…
20 Feb 2020

Why investors should be “cautiously bullish” for 2020

Analysts have been out in force making rosy predictions for stockmarkets in 2020, but while there is certainly a case for optimism, investors should r…
17 Jan 2020

Most Popular


These seven charts show exactly why you must own gold today

Covid-19 is accelerating many trends that were already in existence. The rising gold price is one such trend. These seven charts, says Dominic Frisby,…
3 Jun 2020
EU Economy

Why a stronger euro is good news for investors

The fragile state of the eurozone has for a long time brought the threat of deflation. But the ECB’s latest moves have dampened those fears. John Step…
5 Jun 2020

Disease, rioting and mass unemployment – so why are markets soaring?

Despite some pretty strong headwinds in the last year, America’s S&P 500 stock index is close to all-time highs. John Stepek explains why markets seem…
4 Jun 2020