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.
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.