Italian cable maker Prysmian has completed the acquisition of Encore Wire, strengthening its position in the growing North American market.Prysmian acquired all of the outstanding shares of Encore Wire’s common stock for $290.00 per share, in cash.The acquisition will strengthen Prysmian’s leadership position in North America, as it will benefit from enhanced cross-selling opportunities, as well as the efficiency and innovation within Encore Wire’s production…
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