Fiber

General Cable receives bids from European rivals Prysmian, Nexans and NKT: sources

U.S. cable manufacturer General Cable Corp  has received tentative bids from European rivals Prysmian, Nexans and NKT, two sources familiar with the matter told Reuters, as part of its efforts to find a new owner. The three European cable firms are vying with a handful of U.S. rivals, one of the sources said, adding first-round bids came in earlier this week.

Read the source article at reuters.com

Categories: Fiber, SCN

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