General Cable To Buy Safran

General Cable Corp., Highland Heights, Ky., said it agreed in principle to buy the wire and cable manufacturing business of Safran SA for about 75 million euros.

The business to be acquired, known under the brand names Silec and Sagem, reported 2004 sales of about 210 million euros. Silec is based in Montereau, France, and employs 1,000 associates.

Silec designs, engineers and installs high voltage underground links. The company is also among the top three producers of energy

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