SA News • Wed, Apr. 2
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Wed, Apr. 2, 6:45 AM
- The EU has fined Goldman Sachs (GS), leading cablemaker Prysmian (PRYMF), Nexans (NEXNY) and eight cable firms a combined €302M ($416M) for operating a cartel.
- Prysmian was hit with the largest penalty, €104.6M, which includes a joint €37.3M fine with Goldman Sachs (GS).
- Another cartel member was General Cable (BGC).
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PRYMF vs. ETF Alternatives
Prysmian Group is world leader in the energy and telecom cables and systems industry. With sales of some 8 billion Euros in 2012, about 20,000 employees across 50 countries and 91 plants, the Group is strongly positioned in high-tech markets and provides the widest range of products, services,... More
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