HELSINKI/PARIS (Reuters) – Nokia Oyj (NOK1V.HE) is in talks to buy Alcatel-Lucent (ALUA.PA), a deal that could create a European telecoms equipment group worth over 40 billion euros ($42 billion), and cut costs at two of the industry’s weaker players. Nevertheless shares in Alcatel, a group worth about 11 billion euros ($11.6 billion) based on Monday’s closing share price, rose 14 percent on Tuesday morning. Shares in Nokia, worth about 29 billion euros ($30.59 billion) before Tuesday’s announcement, dropped 6 percent.