French government

Nokia agrees 15.6 bn euro deal to buy Alcatel-Lucent

Nokia has struck a 15.6 billion euro deal to buy its rival Alcatel-Lucent to create the world's biggest supplier of mobile phone network equipment, both companies said April 15.
     
The Finnish telecom giant has agreed to give shareholders in its Franco-American rival 0.55 shares in the new merged company for every one of their own.
      

Nuclear company Areva in turmoil after billions in losses

Nuclear manufacturer Areva has announced a 4.8 billion euro loss for 2014, more than its entire market value, plunging the powerful French nuclear industry into turmoil.
     
The French government said on March 4 it's working closely with Areva to restructure and secure financing, and would "take its responsibility as a shareholder" in future decisions about its direction.

Pages