Prysmian communicates that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act applicable to the proposed acquisition of Encore Wire Corporation (NASDAQ: WIRE) expired on May 28, 2024. As a result, the transaction has been cleared for U.S. antitrust purposes. The transaction remains subject to approval of Encore Wire’s shareholders representing at least a majority of the outstanding shares and other customary conditions.
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