Investors sent shares of General Cable tumbling Friday after the company announced that rising metal prices had pushed it to a fourth-quarter loss. The Highland Heights, Ky., company said it lost $9.3 ...
Fiber-optic cable powerhouses merger would create notional annual sales worth €11 billion. Prysmian Group and General Cable have entered into a definitive merger agreement under which Prysmian will ...
The transaction values General Cable at approximately $3 billion, including debt and certain other General Cable liabilities, and represents a premium of approximately 81% to the General Cable closing ...
Prysmian has completed its acquisition of General Cable. Pursuant to the terms of the merger agreement entered into among the parties on Dec. 3, 2017, Prysmian has acquired all the outstanding shares ...
MILAN, Dec 4 (Reuters) - Italian cable maker Prysmian has agreed to pay a hefty premium to buy U.S. rival General Cable in a $3 billion deal struck despite competing bids from Chinese and European ...
HIGHLAND HEIGHTS, Ky. (AP) -- General Cable will spend $185 million in cash to acquire Alcan Cable, the wire and cable business of mining company Rio Tinto PLC. Based on current metal prices, General ...
General Cable Corp. CEO Gregory Kenny will step down on July 1 after nearly 14 years leading the wire and cable manufacturer. Michael T. McDonnell, the former CEO of chemical products company TPC ...
General Cable is a $6 billion company providing copper, aluminum and fiber wires and cable worldwide. The company employs 13,000 around the world, including 400 at its Highland Heights headquarters.
MILAN & HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--Prysmian Group (BIT: PRY) and General Cable Corporation (NYSE: BGC) today announced that they have entered into a definitive merger agreement under ...
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