Ich will nur hoffen, dass dies den Aktionären von Lucent ein paar Euros einbringt.
Aus Marketwatch Infos:
Alcatel to acquire Lucent for $13.5B
SAN FRANCISCO (MarketWatch) -- France's Alcatel SA said Sunday it agreed to acquire Lucent Technologies Inc. for $13.45 billion in stock, giving Alcatel a bigger share of the U.S. market and placing it among the world's two largest makers of communications gear.
The deal values Lucent at $3.01 a share, slightly less than the stock's Friday closing price of $3.05 but about 7% higher than its price on March 23, the day before Alcatel and Lucent revealed their merger talks. Lucent shareholders (LU : Lucent Technologies Inc.
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ALA15.40, -0.31, -2.0%) for each share of Lucent.
Lucent Chief Executive Patricia Russo will lead the combined company, while Alcatel Chairman and Chief Executive Serge Tchuruk will become non-executive chairman. Lucent and Alcatel will have equal representation on the board, which will then set up an independent, U.S.-based firm to oversee Lucent's classified contracts with the government and military.
The companies will eliminate a total of 8,000 jobs in the two years after the close of the transaction, which is expected within six to 12 months from today.
Acquiring Murray Hill, N.J.-based Lucent, which gets half its $9.4 billion in revenue from sales of wireless gear, would place Alcatel among the leaders in a robust market where it currently lags. The deal would also help Alcatel, now Europe's second-largest telecom vendor, to sell more equipment to big American carriers such as AT&T and Verizon Communications.
For Lucent, the former Bell Labs that was spun out of AT&T in 1996, the sale marks the end of a five-year struggle during which its sales and profit plummeted after global spending on telecom equipment collapsed. The transaction prices Lucent shares at a fraction of their 1999 highs near $65 a share.
The combined company will have a market value of $36 billion and would have had 2005 sales of $25 billion, according to the companies. Those calendar-year sales would place it next to Cisco Systems Inc. (CSCO : Cisco Systems, Inc.
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CSCO21.67, -0.30, -1.4%) in the combined market for telecom and Internet gear. Cisco had sales of $24.8 billion for its fiscal year ended in July.
Alcatel and Lucent will undertake a restructuring that will result in approximately $1.7 billion in charges. Most of those charges will be recorded during the first year after the deal is closed. The restructuring, which is expected to be completed within 24 months of the transaction's close, will cut 10% of the new company's combined global workforce of 88,000 and result in annual pre-tax cost savings of $1.7 billion, according to the companies.
John Shinal is the technology editor of MarketWatch in San Francisco.