Mergers & Acquisitions
By The Online Investor Staff, updated Fri., Apr. 26, 5:12 AM
Slide #68. Prysmian — Encore Wire
Acquirer: |
Prysmian |
Acquiree: |
Encore Wire (NASDAQ:WIRE) |
Details: |
Encore Wire (NASDAQ:WIRE) today announced that it has entered into a definitive merger agreement under which Prysmian (BIT: PRY) will acquire Encore Wire for $290.00 per share in cash (the "Transaction"). The Transaction represents a premium of approximately 20% to the 30-day volume weighted average share price (VWAP) as of Friday, April 12, 2024 and approximately 29% to the 90-day VWAP as of the same date. |
Open the WIRE Page at The Online Investor »
Company Name: |
Encore Wire Corp. |
Website: |
www.encorewire.com |
Sector: |
Electronic Equipment & Products |
Number of ETFs Holding WIRE: |
56 |
Total Market Value Held by ETFs: |
$1.04B |
Total Market Capitalization: |
$4.47B |
% of Market Cap. Held by ETFs: |
23.22% |
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Open the WIRE Page at The Online Investor (in a new window) »
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April 26, 2024 5:12 AM Eastern
Hold (2.00 out of 4)
0th percentile
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