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BUZZ-Prysmian up as CEO reiterates plans for potential US dual listing

ReutersJan 9, 2025 9:03 AM

** Shares in Italy's Prysmian PRY.MI rise more than 3% after CEO Massimo Battaini reiterated to the Financial Times that the cable maker is "seriously considering" a dual listing in the U.S.

** Prysmian will hold its Capital Markets Day on March 26 in New York and is expected to give further details of the potential listing then

** CEO Massimo Battaini said in late October 2024 that after the acquisition of Encore Wire the company has "all the conditions to think and to analyse" the option of a double listing

(Reporting by Philippe Leroy Beaulieu and Michela Stasio)

((Michela.stasio@thomsonreuters.com))

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