The risk of a takeover of a Western telecoms equipment maker such as Alcatel-Lucent by a Chinese rival has been overplayed, said Alcatel’s chief executive Ben Verwaayen, reports the WSJ. Verwaayen, speaking after a visit to China, said the risks of a takeover by a Chinese competitor are “not more than yesterday or the day before.” His comments follow speculation in the French media linking Alcatel-Lucent with China’s Huawei Technologies or its peer ZTE Corp.

This entry was posted by Gwen Robinson on Monday, September 21st, 2009 at 4:47 and is filed under Capital markets, M&A, People. Tagged with Huawei Technologies, ZTE. Edit this entry.