Home › Prysmian to acquire General Cable for USD 3 billion
 

Keywords :   


Prysmian to acquire General Cable for USD 3 billion

2017-12-04 10:42:00| Telecompaper Headlines

(Telecompaper) Prysmian has agreed to buy rival General Cable for USD 3 billion including debt, creating a new powerhouse in the energy and telecom cable market. The offer of USD 30 per share cash is an 81 percent premium on General Cable's share price in July when the company announced it was considering strategic alternatives.

Tags: general usd cable billion

Category:Telecommunications

Latest from this category

All news
»
06.10Weekly Recap: Ontex Enters Agreement to Sell Brazilian Business, Winner Acquires Stake in GRI ...
06.10Tropical Storm Milton Graphics
06.10Tropical Storm Milton Public Advisory Number 4A
06.10Summary for Tropical Storm Milton (AT4/AL142024)
06.10Atlantic Tropical Weather Outlook
06.10Eastern North Pacific Tropical Weather Outlook
06.10Ex-cabinet secretary says 200,000 job is underpaid
06.10Hurricane Leslie Graphics
More »