Alcatel shares surge on Chinese bid talk
Any deal for Alcatel Lucent would mark a major acquisition.Globally, the average deal premium for telecoms companies so far this year has been 29.5 buy canada goose jacket cheap percent lower than the 34 percent average premium that companies in the canada goose uk black friday technology, media and telecoms space have uk canada goose outlet fetched collectively, according to Thomson Reuters data.Telecoms companies are also selling at lower average Canada Goose online EBITDA multiples than the number for all industries. This year, telecoms companies have been valued at 7.8 times annual earnings before interest, taxes, depreciation and amortization.Based on those trends, canada goose uk shop Alcatel Lucent could fetch between 8 billion euros and https://www.topcanadagoose.ca 9 Canada Goose Outlet billion euros ($11.3 billion $12.6 billion) if sold.Alcatel shares closed canada goose coats on sale at 2.7570 euros on Euronext. They were trading at canada goose clearance sale $3.86 on the New York Stock Exchange.An Alcatel Lucent spokeswoman canada goose coats declined to comment.BUYER BEWARE? Alcatel Lucent cheap canada goose uk has cheap Canada Goose been canada goose uk outlet struggling to turn a profit Canada Goose Coats On Sale since its 2006 merger, which was supposed to help it cut costs and better compete with the new generation of Chinese gear makers including Huawei and ZTE.firms including ZTE are very strong competitors, and have their own Canada Goose Online substantial R operations, canada goose factory sale said canada goose Ren Wenjie, a canada goose black friday sale telecoms Canada Goose sale analyst with First canada goose store Capital in Shenzhen.probably wouldn be looking at buying the whole of Alcatel Lucent, but rather at specific uk canada goose business units that would canada goose clearance fit into Canada Goose Parka their long term strategy, Wenjie added.Some analysts said a Chinese Canada Goose Jackets bid for Alcatel Lucent could run into regulatory problems because it runs Bell Labs, a government and military contractor in the United States.Beaudet upgraded Alcatel Lucent to from and increased its price target to 3 euros per share buy canada goose jacket from 1.80 euros, citing improvements in its Canada Goose Outlet CDMA wireless business and the sense that the canadian goose jacket integration of Lucent was nearly complete. (Reporting by Leila Abboud, Kirby Chien and Dominic Lau, with additional reporting by Anupreeta Das in New York; Editing by James Regan/Will Waterman, Gerald E. McCormick and Robert MacMillan).