French exec won’t give up ‘€14 million bonuses’

French exec won’t give up ‘€14 million bonuses’

UPDATED: The head of telecoms equipment maker Alcatel-Lucent on Monday said he wouldn't give in to government pressure to give up bonuses which could see him receive around €14 million ($15.7 million) as part of its buyout by rival Nokia.

Nokia to buy France’s Alcatel-Lucent for €15.6b

Nokia to buy France’s Alcatel-Lucent for €15.6b

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Alcatel losses ‘worse than expected’