According to Reuters, General Cable Corporation (BGC) seeking strategic alternatives

  • July 18, 2017

Cable manufacturer General Cable Corp (BGC) announced on Sunday a review of strategic alternatives that could include a potential sale of the company.

Update(s):

October 06, 2017: U.S. cable manufacturer General Cable Corp (BGC) 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.

December 04, 2017: Prysmian Group and General Cable Corporation (BGC) today announced that they have entered into a definitive merger agreement under which Prysmian will acquire General Cable for $30.00 per share in cash