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Prysmian SpA (PRY.MI)

PRY.MI on Milan Stock Exchange

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Thu, Jul 12 2018

UPDATE 1-Goldman Sachs, Prysmian, others lose challenge against EU cartel fine

LUXEMBOURG, July 12 Investment bank Goldman Sachs, the world's biggest cablemaker Prysmian, Nexans and eight other cable companies on Thursday lost their challenge against a 302 million euros ($353 million) EU cartel fine.

UPDATE 1-Prysmian sees no extra risk on UK project despite penalty clause - sources

MILAN, June 25 Prysmian's giant WesternLink project contains a penalty clause of up to 120 million euros ($140.28 million)for failing to meet contract conditions but the group is confident provisions already booked are more than enough, two sources close to the matter said.

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