Nokia-Alcatel talks lift European shares to new highs

April 14, 2015 8:14 AM

57 0

LONDON, April 14 (Reuters) - European shares edged higher on Tuesday, supported by mergers and acquisitions activity in the telecoms equipment sector after Nokia entered talks to buy Alcatel Lucent.

The announcement came as something of a surprise as reports had suggested Nokia may be interested in Alcatel's mobile networks arm rather than the entire firm.

Also read: Najdawi scores 30 to lead The Citadel past Colgate 108-101

Read more

To category page

Loading...