French Fund Sells Alcatel, Lagardere Shares, Challenges Says

France’s state-owned Strategic Investment Fund put stakes in Alcatel-Lucent and Lagardere SCA (MMB) up for sale last month, weekly magazine Challenges reported, without saying where it got the information.

On Sept. 16, the fund was looking to sell 8 million Alcatel-Lucent shares, with a target price of 2.60 euros each, and 2.1 million Lagardere shares, with a target price of 35 euros, according to Challenges.

The fund was also selling 0.7 million Imerys SA (NK) shares, with a target price of 50 euros, and 2.7 million Altran Technologies SA (ALT) shares, with a target price of 3.60 euros, the magazine said.

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