Electrical Equipment Company Encore Wire Gets Wired For Takeover In €3.9B Deal - Encore Wire...

Published on 15 Apr 2024 on Benzinga

Electrical Equipment Company Encore Wire Gets Wired For Takeover In €3.9B Deal - Encore Wire...

Encore Wire Corporation WIRE inked a definitive deal to be acquired by Prysmian S.P.A. PRYMF for $290.00 per share in cash.

The transaction price represents a premium of around 20% to the 30-day volume weighted average share price (VWAP) as of Friday, April 12, 2024, and about 29% to the 90-day VWAP as of the same date. It represents a premium of over 11% to Friday’s closing price of $260.98.

Read the rest of the article

NASDAQ.WIRE price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Bill Miller’s Latest 13 Stock Picks

In this piece, we will take a look at Bill Miller's latest stock picks. If you want to skip our o...

Insider Monkey via Yahoo Finance 18 Apr 2024

Kuehn Law Encourages WIRE, MODN, AIRC, and INRD Investors to Contact Law Firm

Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to ...

FOX 23 News Albany 15 Apr 2024

M&T Bank Reports Q1 Earnings, Joins Snap One, Encore Wire And Other Big Stocks Moving Higher On...

Investing.com 15 Apr 2024

Electrical Equipment Company Encore Wire Gets Wired For Takeover In €3.9B Deal - Encore Wire...

Encore Wire Corporation WIRE inked a definitive deal to be acquired by Prysmian S.P.A. PRYMF for ...

Benzinga 15 Apr 2024

Why Ultragenyx Pharmaceutical Shares Are Trading Lower By Around 9%? Here Are Other Stocks Moving In...

Shares of Ultragenyx Pharmaceutical Inc. RARE fell sharply during Monday’s session after the co...

Benzinga 15 Apr 2024

Goldman Sachs, Charles Schwab And 3 Stocks To Watch Heading Into Monday - Charles Schwab...

With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab i...

Benzinga 14 Apr 2024

Encore Wire to Be Acquired by Prysmian for $290.00 Per Share in Cash By Investing.com

MCKINNEY, Texas--(BUSINESS WIRE)--Encore Wire (NASDAQ: WIRE) today announced that it has entered...

Investing.com 14 Apr 2024

Cable maker Prysmian to buy Encore Wire for $4.6 billion By Investing.com

Investing.com-- Cable manufacturer Encore Wire Corporation (NASDAQ:WIRE) said on Monday it had...

Investing.com 14 Apr 2024

Why Encore Wire Corporation (NASDAQ:WIRE) Could Be Worth Watching

Encore Wire Corporation (NASDAQ:WIRE), might not be a large cap stock, but it received a lot of a...

Simply Wall St. via Yahoo Finance 11 Apr 2024

Earnings Update: Here's Why Analysts Just Lifted Their Encore Wire Corporation (NASDAQ:WIRE) Price...

Shareholders might have noticed that Encore Wire Corporation (NASDAQ:WIRE) filed its annual resul...

Simply Wall St. via Yahoo Finance 17 Feb 2024