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Prysmian 1 step closer to finalizing General Cable acquisition

The Prysmian Group announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act that applies to its proposed acquisition of General Cable Corporation has expired, clearing a key step in the process.

A press release said that as a result of the above-cited requirement, the transaction has been cleared for U.S. antitrust purposes. The transaction remains subject to other regulatory approvals and customary conditions.

Read 2701 times Last modified on March 9, 2018