” Macron said he “looked very closely at the company and its strategic options for months” before concluding that the company could not survive alone. ..."
If that is the case then ALU can invite the wolves of Wall Street (LBO - leverage buy out) biddings for a hostile takeover and dissolve the company immediately, while selling parts of ALU to the highest bidders. Macron has already indicated that ALU is not a strategic industry to France and can be sold to a foreign country.
Remember, the sum of ALU's parts including its patents are worth much more that the whole company and I'm sure the LBO people can make a killing out of them together with ALU shareholders.
These NOK baggies would like to tell you that this is a done deal which is far from it. I guess they have not read the announcement. The ALU shareholders can always force their management to terminate the deal.
"The parties have further agreed on certain termination fees customary in similar European transactions and payable to the other party under certain circumstances, including a change or withdrawal of the recommendation by the Board of Directors of either party"
That says ALU can always back out of the deal at any time with customary termination fees. For the termination fees we will give NOK some of our precious ALU shares. How is that for a payment?
Let the game begins.
I guess they've been tranquilized from baggie syndrome.
This is the reason why the financially troubled ALU may get acquired by Cisco with blessing from NSA to repatriate Bell Labs under the umbrella of US government.
Do not forget that Nokia is located next door to Russia where the US has special concerns whereby Nokia refuses to join NATO.
Like it was mentioned on this board that you add no value to this board.
NOK is expected to have bad earnings tomorrow based on ERIC's, which means the PPS will drop by more than 7%, Then, the following week ALU will be reporting their bad earnings and NOK will get hit again with a drop of another 5%. At the end of this Q1 fiasco NOK PPS will be down to about $6.65 or perhaps lower.
Do you think this is about some privacy issues?
It's obvious that there is more to this story than what VW, Mercedes, and the Germans are griping about, "Potential conflict arises around making data available.”
Everyone knows that Google has bought 4 Artificial Intelligence companies in the last 2 years and they are building an AI research as in,
[Artificial Intelligence and Machine Learning] -Google Research Center
and 5 robotics companies including robot army technology, [Google purchased Boston Dynamics last year, which means it now owns the company’s ongoing robotics projects including BigDog.]
and now Google is going after driverless car as in, [Roadtesting Google's new driverless car] which potentially competes with automakers but more likely to build up library of patents.
The irony here is that the automaker believe they can create their own autonomous vehicles that have the intelligence behind to maneuver through heavy traffic among humans at high speed without partnering with Google Research in artificial intelligence.
Little do they know that Google needs the massive amount of data from driver behavior to study human interaction with machines.
"3-4 year product cycles of automakers" ?
[ Google and Apple battle to take over your CAR: Vehicles running Android Auto and CarPlay will become mainstream this year 2015, will see Android Auto and Apple's CarPlay rolling out to more cars. ]
Based on the 3 to 4 year product cycle of your claim that will make CarPlay and Android Auto widely available back in 2011 when the car makers signed on, right?