According to a South Korean newspaper, the potential bidders for Nortel’s 50% + 1 stake in the Nortel-LG joint venture include Sony Ericsson, Alcatel Lucent, a private equity arm of J.P. Morgan, and South Korean investment firm SkyLake Incuvest. Reuters reported that LG Electronics wants to keep its stake in the joint venture, which was [...]
Suitors Lining Up for LG-Nortel