Latest / Prysmian Daily News Update
Quinenco trims Nexans stake as US tariff confusion deepens - Feb 24, 2026
As of February 24, today’s news highlights a significant stake sale in Nexans by Quinenco and fresh confusion over a temporary U.S. global import tariff and its possible increase. Quinenco has concluded the sale of a 5% stake in Nexans, raising approximately 310 million dollars through the sale of about 2.2 million shares priced at 120.01 euros each. This divestiture reduces Quinenco's indirect ownership in Nexans from 9.2% to 4.1%. The funds raised are intended for new strategic investments, reinforcing Quinenco's focus on expanding in the energy and infrastructure sectors, both in Chile and…
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