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.
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 ...
CTC Global has announced the signing of an agreement with General Cable that implements an expanded ACCC licensing arrangement. Under this new agreement, General Cable has been granted the rights to ...
Explore the General Cable stock price history with detailed daily historical prices, including open, high, low, close, and volume data. Review past trends, identify key price levels, and find the ...
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 ...
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 ...
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 ...
Add Yahoo as a preferred source to see more of our stories on Google. MILAN (Reuters) - Italian cable maker Prysmian (PRY.MI) has agreed to buy General Cable (BGC.N) for $30 a share in an all-cash ...
Closely tracking metrics, as this team member is doing, is one of the reasons behind the successful turnaround at General Cable's Jackson, Tenn., plant. Undergoing a cost-competitiveness feasibility ...
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 ...
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 ...