sak karep

Loss-making telecom equipment maker Alcatel-Lucent (ALU.PA) will launch a 955 million euro ($1.29 billion) capital increase and a $750 million high-yield bond to shore up its balance sheet amidst what its chief executive calls a last-ditch effort to save the company. The moves are the latest elements of Chief Executive Michel Combes' turnaround plan, which began in June and consists of 10,000 ...