Prysmian to acquire Encore Wire for $290 per share

Prysmian S.p.A. has entered into a definitive merger agreement to acquire Encore Wire Corporation for $290.00 per share in cash, implying an enterprise value of approximately €3.9 billion. The transaction is expected to close within four years and will enhance Prysmian's North American presence.

“Prysmian today announced that it has entered into a definitive merger agreement under which it will acquire Encore Wire (NASDAQ: WIRE) for $290.00 per share in cash.”prysmian.com

• 2 sources
• prysmian.comPrysmian to acquire Encore Wire for $290.00 per share in cash | PrysmianApr 12, 2024
• nsenergybusiness.comPrysmian to buy wire and cables manufacturer Encore Wire in €3.9bn dealRefna TharayilApr 16, 2024

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