sak karep

Loss-making telecom equipment maker Alcatel-Lucent will launch a 955 million euro (809 million pounds) 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 job ...