Prysmian to acquire Encore for about $4.2 bln

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Encore Wire Corporation WIRE	289.84	Delist

April 15 (Reuters) - Italy's Prysmian PRY.MI will acquire Encore Wire WIRE.O for $290.00 per share in cash, the companies said on Monday.

According to the terms of the transaction, Encore Wire’s implied enterprise value is about 3.9 billion euros ($4.15 billion), the firms said.

($1 = 0.9392 euros)

(Reporting by Angela Christy in Bengaluru; Editing by Janane Venkatraman )

((AngelaChristy.M@thomsonreuters.com;))

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