Acquisition | ENCORE WIRE CORP | 2nd July 2024
Initially announced on April 15, 2024 PRYSMIAN SPA made a cash offer for ENCORE WIRE CORP of USD 290 per ENCORE WIRE CORP share held. ENCORE WIRE CORP shareholders approved the Acquisition on June 26, 2024. Pending the completion of customary closing conditions, the Acquisition is expected to be completed on July 2, 2024. Trading in shares of ENCORE WIRE CORP is expected to be halted effective July 2, 2024.
The treatment below will be applied to the following indices:
- ENCORE WIRE CORP will be removed from the Index.
- The weight of ENCORE WIRE CORP (WIRE.OQ) based on its last close price will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 02/07/2024
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