French government mulls state-backed NPE to keep Alcatel-Lucent’s patents in the country 17 Dec 12
A number of news sources have reported today that the French government is considering alternatives to the €1.6 billion debt deal agreed last week between Alcatel-Lucent and lending banks Goldman Sachs and Credit Suisse. At least some of the telecoms company’s 29,000 patents have been put up as collateral to secure the financial lifeline. If this morning’s reports are anything to go by, this has alarmed the French government, which seems to believe that France has a lot to lose economically if ownership of the patents were to pass to someone outside of the country.
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