Prysmian in its acquisition of Encore Wire

On April 15, 2024, Prysmian and Encore Wire (NASDAQ: WIRE) announced that they have entered into a definitive merger agreement under which Prysmian will acquire Encore Wire for $290.00 per share in cash, representing an implied enterprise value for Encore Wire of approximately $4.2 billion.

Wachtell Lipton is serving as legal advisor to Prysmian.