According to the terms of the transaction, Encore Wire's implied enterprise value is about 3.9 billion euros ($4.15 billion), the firms said.
($1 = 0.9392 euros)
(Reporting by Angela Christy in Bengaluru; Editing by Janane Venkatraman)
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
51.16 EUR | -0.04% | +1.51% | +24.27% |
Apr. 29 | Futures up; Brent falls in USD88 area | AN |
Apr. 26 | Mib up; US stocks up after PCE data | AN |
(Reuters) - Italy's Prysmian will acquire Encore Wire for $290.00 per share in cash, the companies said on Monday.
According to the terms of the transaction, Encore Wire's implied enterprise value is about 3.9 billion euros ($4.15 billion), the firms said.
($1 = 0.9392 euros)
(Reporting by Angela Christy in Bengaluru; Editing by Janane Venkatraman)
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
283 USD | -0.65% | -0.20% | 4.5B | ||
51.16 EUR | -0.04% | +1.51% | 14.91B | ||
1st Jan change | Capi. | |
---|---|---|
+24.27% | 14.91B | |
+27.32% | 4.62B | |
-3.36% | 4.55B | |
+32.50% | 4.5B | |
+18.28% | 4.22B | |
+0.22% | 3.86B | |
+0.44% | 3.71B | |
+48.39% | 2.55B | |
+6.99% | 2.27B | |
+40.97% | 1.86B |