Nicco Corporation
categories:
Corporate
Financial Press Release
Prysmian Spa announces it has terminated the agreement signed in December 2007 with Indian Nicco Corporation
Prysmian Spa announces it has terminated the agreement signed in December 2007 with Indian Nicco Corporation, for transferring Nicco Corporation’s cables division to a new JV company in which Prysmian would have owned a majority stake (60%). The termination occurred in accordance with specific provisions contained in the above mentioned agreement.