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Technology Stocks : Alcatel (ALA) and France

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To: Steve Fancy who wrote (564)3/24/1999 5:22:00 PM
From: bertrand bidaud  Read Replies (3) of 3891
 
The current selling of ALA might be due to SG.
SG had stil nearly 4%. Yet SG| was supposed to merge with Paribas another french bank.
The fun started when BNP started to bid for SG and Paribas, to create the largest bank! SG and Paribas don't like it. It seems that SG will raise its offer on Paribas, and would have sold already half of stake in ALA
This is not confirmed and somehow a 'rumour'
Another one would be that AXA increases its stake in ALA. I would like to know the facts and not rely on rumours but the IR has yet to learn to answer an email
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