copper wire

General Cable to Be Acquired by Italy's Prysmian Group

The $3 billion deal will give Prysmian annual sales of about $13 billion and 31,000 people in 50 countries.

General Cable, Highland Heights, KY, has agreed to be acquired by Prysmian Group, Milan, Italy, in a transaction valued at $3 billion.

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TAGS: Wire & Cable
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