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Prysmian M&A Activity 2024
4170_tar_2024-05-29_ba0e4543-52e2-41e9-8d35-71036abb30ea.pdf
M&A Activity
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| Informazione Regolamentata n. 0902-39-2024 |
Data/Ora Inizio Diffusione 29 Maggio 2024 07:23:36 |
Euronext Milan | |
|---|---|---|---|
| Societa' | : | PRYSMIAN | |
| Identificativo Informazione Regolamentata |
: | 191437 | |
| Utenza - Referente | : | PRYSMIANN05 - Bifulco | |
| Tipologia | : | 2.2 | |
| Data/Ora Ricezione | : | 29 Maggio 2024 07:23:36 | |
| Data/Ora Inizio Diffusione | : | 29 Maggio 2024 07:23:36 | |
| Oggetto | : | Prysmian S.p.A.: the acquisition of Encore Wire has been cleared for U.S. antitrust purposes |
|
| Testo del comunicato |
Vedi allegato
PRESS RELEASE
The acquisition of Encore Wire has been cleared for U.S. antitrust purposes
Milan, Italy, 29 May 2024. Prysmian communicates that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act applicable to the proposed acquisition of Encore Wire Corporation (NASDAQ: WIRE) expired on May 28, 2024. As a result, the transaction has been cleared for U.S. antitrust purposes. The transaction remains subject to approval of Encore Wire's shareholders representing at least a majority of the outstanding shares and other customary conditions.
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:
Maria Cristina Bifulco Chief Investor Relations, Sustainability and Communication Officer [email protected]