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Loss-making telecom equipment maker Alcatel (Paris: FR0000130007 - news) -Lucent 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 purpose of the capital increase is to strengthen the equity of the company," said Alcatel-Lucent. The ...