Latest / Prysmian Daily News Update
Prysmian jumps as Battaini eyes $4bn M&A drive - 5 May 2026
As of May 5, today's news is dominated by Prysmian's significant plans for acquisitions and the company's strong market performance. Prysmian's CEO Massimo Battaini indicated in an interview with Bloomberg TV that the company is preparing for acquisitions of approximately 4 billion dollars in enterprise value, marking a renewed focus on its M&A strategy. This potential growth accompanies plans to establish long-term agreements with hyperscalers that would enhance Prysmian's optical cable production capacity by 40% to 50% over the next few years. Following these announcements, Prysmian’s…
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