Alcatel Subsidiary Saft Sold to U.K. Investment Firm
ALCATEL SELLS SAFT Alcatel has sold its Saft battery manufacturing subsidiary to U.K. investment firm Doughty Hanson for 390 million euros ($456 million) as part of an effort by the struggling telecommunications equipment maker to unload non-core assets. Saft, which had sales of 550 million euros...
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