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Prysmian M&A Activity 2024
4170_tar_2024-06-26_0e8625af-b233-4817-a69d-a95e31415b0a.pdf
M&A Activity
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| Informazione Regolamentata n. 0902-47-2024 |
Data/Ora Inizio Diffusione 26 Giugno 2024 16:21:25 |
Euronext Milan | |
|---|---|---|---|
| Societa' | : | PRYSMIAN | |
| Identificativo Informazione Regolamentata |
: | 192688 | |
| Utenza - Referente | : | PRYSMIANN05 - Bifulco | |
| Tipologia | : | 2.2 | |
| Data/Ora Ricezione | : | 26 Giugno 2024 16:21:25 | |
| Data/Ora Inizio Diffusione | : | 26 Giugno 2024 16:21:25 | |
| Oggetto | : | Prysmian S.p.A.: Encore Wire's stockholders approved the acquisition by Prysmian |
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| Testo del comunicato |
Vedi allegato
PRESS RELEASE
ENCORE WIRE'S STOCKHOLDERS APPROVED THE ACQUISITION BY PRYSMIAN
Milan, 26 June 2024 – Prysmian communicates that at a special meeting of Encore Wire Corporation's (NASDAQ: WIRE) stockholders held earlier today, a majority of the outstanding shares of Encore Wire's common stock were voted in favor of the adoption of the merger agreement pursuant to which Prysmian will acquire Encore Wire for \$290.00 per share.
Subject to the satisfaction or waiver of the remaining customary closing conditions, Prysmian currently anticipates that the acquisition will be consummated on July 2, 2024.
Prysmian
Prysmian is a global cabling solutions provider leading the energy transition and digital transformation. By leveraging its wide geographical footprint and extensive product range, its track record of technological leadership and innovation, and a strong customer base, the company is well-placed to capitalise on its leading positions and win in new, growing markets. Prysmian's business strategy perfectly matches key market drivers by developing resilient, high-performing, sustainable and innovative cable solutions in the segments of Transmission, Power Grid, Electrification and Digital Solutions. Prysmian is a public company listed on the Italian Stock Exchange, with almost 150 years of experience, about 30,000 employees, 108 plants and 26 R&D centres in over 50 countries, and sales of over €15 billion in 2023.
For more info:
Cristina Bifulco Jonathan Heywood Chief Investor Relations, Sustainability Media Relations & Marketing Director and Communication Officer [email protected] [email protected] mob +39.331.6573546
This press release is available on the company website at www.prysmian.com and in the mechanism for the central storage of regulated information provided by Teleborsa S.r.l. at .
| Fine Comunicato n.0902-47-2024 | Numero di Pagine: 3 |
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