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French state fund eyes Alcatel undersea cable unit - report

Thursday 10 January 2013 | 10:06 CET | News
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French sovereign fund FSI could take part in the acquisition of ASN, Alcatel-Lucent's undersea cable subsidiary, Agefi reports without citing its sources. The telecom equipment market could raise EUR 600-700 million from the operation and is in talks with different investors. French government investment vehicle CDC, which controls 51 percent of FSI, is already a 3.6 percent shareholder in Alcatel-Lucent.

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Categories: Fixed
Companies: Alcatel-Lucent USA/FR / France Telecom
Countries: France / World
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