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Alcatel CEO Quells China Takeover Fears

PARIS — The risk of a takeover of a Western telecommunications-equipment maker such as Alcatel-Lucent SA by a Chinese rival has been overplayed, Chief Executive Ben Verwaayen said in an interview, adding that the Franco-American company is “extraordinarily happy” with its position in China. Mr. Verwaayen, speaking Thursday in his office in Paris, having recently [...]

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