News Headline Summary

Alcatel Lucent (ALU FP) is said to be in financing talks with Goldman Sachs

Update details:

- According to sources, talks are said to be centered on obtaining a loan to strengthen the balance sheet, where the company is expected to offer some of its assets for collateral in return for funding from the investment bank.

Reaction details:

- In an immediate reaction, co. shares spiked up 4.18% from EUR 0.816 to EUR 0.850.
- In 14 minutes following the initial headline shares gain 16.3% to print a high of EUR 0.950.

Print 16:12, 22 Nov 2012 - CAC - Source: Newswires