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May 26, 1987

ERICCSON EXPECTS DISCUSSIONS ON ACQUISITION OF MARCONI ESPANA TO CONTINUE

By CBR Staff Writer

L M Ericsson denies that it has pulled out of negotiations to acquire Marconi Espana SA from CGE’s Alcatel NV (CI No 686), saying that it expects discussions on the sale to continue; it says it is simply insisting on conditions that include an assurance that Marconi would retain its position in and its access to the Spanish market

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