Public offering of Alcatel Optronics tracking stock:16.500.000 shares offered at preliminary price range of 85 to 100 euro per share.

0 Comments | M2 Presswire, October, 2000

M2 PRESSWIRE-4 October 2000-ALCATEL: Public offering of Alcatel Optronics tracking stock:16.500.000 shares offered at preliminary price range of 85 to 100 euro per share (C)1994-2000 M2 COMMUNICATIONS LTD RDATE:04102000 Paris -- Alcatel announces the public offering of 16,500,000 shares of Alcatel Optronics tracking stock.

The preliminary offer price of Alcatel Optronics tracking stock is between 85 and 100 euro. Alcatel may revise the price range at any time until the last day of the offering. Based on the preliminary price range, the size of the offering would be 1.4 billion euro to 1.7 billion euro (1.6 billion euro to 1.9 billion euro after the over-allotment, or greenshoe, option), valuing Alcatel Optronics between 8.1 billion euro and 9.5...