Alcatel-Lucent & Dassault Aviation signs agreement

Alcatel-Lucent (Euronext Paris and NYSE: ALU) and Dassault Aviation today announced that they have signed the definitive agreement regarding the acquisition by Dassault Aviation of Alcatel-Lucent’s shares in Thales, namely 41,262,481 shares.

This transaction will be based on a price of EUR 38 per share, representing a total value of about Euro 1.57 billion.

The closing of the transaction, foreseen for spring 2009, is in particular subject to regulatory and administrative approvals, of which those relative to antitrust. 

Sourced From: Vaishnavi Corporate Communications Pvt Ltd