Wednesday, 17 October 2018

Prysmian to acquire General Cable in deal worth $3 billion

By Chris Kelly, Total Telecom
Tuesday 05 December 17

The deal will give Prysmian a valuable launching platform to increase its exposure to the US cabling sector

Cabling firm Prysmian is set to acquire its US based rival, General Cable, in a deal worth $3 billion (£2.25 billion). “The acquisition of General Cable represents a landmark moment for Prysmian Group and a strategic and unique opportunity to create value for our shareholders and customers…

Cabling firm Prysmian is set to acquire its US based rival, General Cable, in a deal worth $3 billion (£2.25 billion). “The acquisition of General Cable represents a landmark moment for Prysmian Group and a strategic and unique opportunity to create value for our shareholders and customers…

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