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MrWhy.com » Videos » Permira is Fontrunner to Acquire Alcatel-Lucent Unit for $1. |
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Permira is Fontrunner to Acquire Alcatel-Lucent Unit for $1.
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Permira is Fontrunner to Acquire Alcatel-Lucent Unit for $1.
Permira is the frontrunner to buy Genesys, an Alcatel-Lucent (NYSE:ALU) unit, in a report by Reuters. According to sources familiar with the situation, Permira is offering $1.3B and the process is expected to last another month."Permira is the lead horse. It is offering $1.3 billion and the process is expected to last another month," claimed a source close to the matter.Permira and Alcatel-Lucent declined to comment.Alcatel-Lucent (NYSE:ALU) has a potential upside of 20.3% based on a current price of $5.89 and an average consensus analyst price target of $7.09.
Video Length: 0
Date Found: July 06, 2011
Date Produced: July 06, 2011
View Count: 1
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