Prysmian $3 billion acquisition of General Cable

Overview:

• Prysmian has acquired General Cable for $3 billion.
• Italy-based multinational Prysmian is a cable manufacturer for the energy and telecom sectors.
• General Cable is based in Kentucky. 
• The deal will be funded through new debt, cash and existing credit facilities.
• The financial advisers were Goldman Sachs and JP Morgan Securities, and represented Prysmian and General Cable, respectively. 

Katrin Kostadinova - Data analyst