Nexans (NXS.DU)
- GlobeNewswire
Nexans successfully completes a €575 million bond issuance
Nexans successfully completes a EUR 575 million bond issuance _PRESS RELEASE_ Paris, May 29, 2024 – Nexans announces today the success of a bond issuance in an aggregate principal amount of EUR 575 million with a 5-year maturity and an annual interest rate of 4.125%. Nexans has taken a significant leap forward with this bond issuance, which will be used to finance the acquisition subject to regulatory approvals from the relevant authorities announced in February 2024 of La Triveneta Cavi, an ico
- GlobeNewswire
Nexans Mixed Shareholders’ Meeting of May 16th, 2024
Nexans Mixed Shareholders’ Meeting of May 16th, 2024 _PRESS RELEASE_ Paris La Défense, on May 16th, 2024 – Nexans Annual Shareholders' Meeting, held today in Paris, approved, by a large majority, all 24 resolutions submitted by the Board of Directors. The voting results are available on the Nexans website. The Shareholders’ Meeting was broadcast live in French and English, and a replay will be available shortly on this same website. The shareholders adopted all the resolutions submitted, and thu
- Reuters
$992 million UK lawsuit against European power cable groups gets go-ahead
A 790 million-pound ($992 million) mass lawsuit against major European power cable suppliers over claims a cartel led to inflated electricity charges for British consumers can proceed to trial, a London tribunal has ruled. The case seeking damages from Italy's Prysmian, France's Nexans and Denmark's NKT for around 30 million consumers in Britain was certified by the Competition Appeal Tribunal (CAT) last month, according to a ruling published on Friday. Clare Spottiswoode, the former head of Britain's gas regulator, is spearheading the lawsuit, which follows on from the European Commission's 2014 finding that Prysmian, Nexans, NKT and others had operated a 10-year power cable cartel.
