News Headline Summary

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

Reaction details (16:27)

- 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.

Analysis details (16:17)

- 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.

22 Nov 2012 - 16:12 - - Source: Newswires

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