Prysmian to acquire General Cable in deal worth $3 billion

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

Oops... Something broke.

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…

Read full article onsite