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Home » Finance » Prysmian Completes Acquisition of Texas-Based Encore Wire for $290 Per Share
Finance

Prysmian Completes Acquisition of Texas-Based Encore Wire for $290 Per Share

By Alan MaJuly 2, 20242 Mins Read
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Credit: Prysmian
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Prysmian has finalized the acquisition of Encore Wire Corporation, in accordance with the terms of their merger agreement. The deal, valued at $290 per share in cash, sees Prysmian acquiring all outstanding shares of Encore Wire's common stock. The acquisition is expected to yield synergies through enhanced cross-selling opportunities and operational efficiencies within Encore Wire's

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Acquisition Encore Wire Infrastructure Massimo Battaini North America Prysmian Texas
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Previous ArticleSiemens Energy Announces €1.2 Billion Expansion Plan to Scale Workforce Amid Electricity Grid Growth
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