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 ...

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 ...

MILAN (Reuters) - Italian cable maker Prysmian (PRY.MI) has agreed to buy General Cable (BGC.N) for $30 a share in an all-cash deal that values its Kentucky-based rival at about $3 billion (2.22 ...

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 ...

General Cable expects to finance the transaction through its Asset Based Revolving Credit Facility. Subjected to regulatory clearances, the acquisition is expected to close in the second half of 2012.

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.

Tennessee Department of Economic and Community Development Commissioner Randy Boyd, along with officials from General Cable Industries Inc., announced Friday the company will invest $3.7 million and ...

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 ...

Tyco International Ltd buys Scott Technologies for about $376 million in stock to add respiratory equipment and services; Tyco's Raychem unit acquires Pyrotenax unit, maker of cables used to insulate ...

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 ...

General Cable Corp. said it would cut about 7% of its workforce and close some plants as part of a restructuring, and it lowered its outlook for operating income for the year. The job cuts represent ...

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 ...