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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Prysmian Group to acquire General Cable for $3 billion · Endata

◂ Announcements

Jan 19, 2018ACQUISITIONHighland Heights, Kentucky, United States

Prysmian Group to acquire General Cable for $3 billion

Prysmian Group announced a definitive merger agreement to acquire General Cable in a transaction valued at $3 billion, including debt. The deal is expected to close in Q3 2018.

Value

$3.00B

Status

Announced

Productscables

CompaniesPrysmian acquirer General Cable Corporation target

Sectors#Electrical Equipment

“La adquisición de General Cable representa un momento histórico para Prysmian Group y una oportunidad estratégica y única para crear valor para nuestros accionistas y clientes.”material-electrico.cdecomunicacion.es

7 sources
material-electrico.cdecomunicacion.esPrysmian Group adquiere General Cable en una operación de 3.000 millones de dólares - Material Eléctrico - CdeComunicacion.esMiguel Ángel JiménezJan 19, 2018
sec.govEX-99.1Feb 16, 2018
reuters.comGeneral Cable Corp Stockholders Approve Acquisition By Prysmian GroupFeb 16, 2018
subseaworldnews.comPrysmian: Shareholders Accept General Cable Acquisition | Subsea World NewsFeb 19, 2018
wirecable.inAcquisition of General Cable by Prysmian Earns Shareholder Approval - Wire & Cable India

Summarized from public sources; check the original articles before acting on it.

More from Prysmian

Aug 30, 2024CONTRACTBelgium$149.8M
Elia awards €135M cable contracts to NKT, Nexans and Prysmian for 945 km of land cables
Prysmian supplier Nexans supplier elia.be
Aug 5, 2024CONTRACTBass Strait, Tasmania to Victoria, Australia, Australia$1.00B
Prysmian wins $1B cable contract for Marinus Link
Prysmian supplier Marinus Link customer reneweconomy.com.au
Jul 24, 2024INVESTMENTPikkala (Finland), Pozzuoli (Italy), Gron (France), Finland$488.0M
EIB provides €450M to Prysmian for cable capacity expansion
Prysmian European Investment Bank investor prysmian.com
Jul 1, 2024NEW FACILITYMcKinney, Texas, United States$500.0M120 jobsops 2027
Prysmian to build $500M medium voltage cable plant in McKinney, Texas
Prysmian Encore Wire partner na.prysmian.com
Jun 20, 2024EXPANSIONKirkkonummi, Finland$37.5Mops Jun 2026
YIT to expand Prysmian Group's warehouse facilities in Kirkkonummi, Finland
YIT Prysmian customer worldconstructionnetwork.com
May 8, 2024CONTRACTNorway, Norway
VARD contracts TMC to supply compressed air system for Prysmian cable laying vessel
Prysmian customer TMC Compressors supplier tmc.com

wirecable

Feb 19, 2018

lightwaveonline.comPrysmian acquisition of General Cable earns shareholder approval | Lightwave OnlineFeb 19, 2018

businesswirechina.comGeneral Cable Corporation Stockholders Approve Acquisition By Prysmian Group - Interfax NewswireBusiness Wire ChinaFeb 23, 2018

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