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Sappi to acquire Cham\'s specialty paper business

2017-12-05 15:31:00| Label and Narrow Web Breaking News

The acquisition supports Sappis diversification strategy and 2020 vision to grow in higher margin growth segments.

Prysmian to acquire General Cable in deal worth $3 billion

2017-12-05 01:00:00| Total Telecom industry news

Cabling firm Prysmian is set to acquire its US based rival, General Cable, in a deal worth $3 billion (£2.25 billion). “The acquisition of General Cable represents a landmark moment for Prysmian Group and a strategic and unique opportunity to create value for our shareholders and customers…read more on TotalTele.com »

Tags: general deal worth cable

Prysmian to acquire General Cable for USD 3 billion

2017-12-04 10:42:00| Telecompaper Headlines

(Telecompaper) Prysmian has agreed to buy rival General Cable for USD 3 billion including debt, creating a new powerhouse in the energy and telecom cable market. The offer of USD 30 per share cash is an 81 percent premium on General Cable's share price in July when the company announced it was considering strategic alternatives.

Tags: general usd cable billion