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Acquisition of Telcon Fios e Cabos para Telecomuniçaoes S.A.
and Draktel Optical Fibre S.A.
On 5 April 2012, Draka Cableteq Brasil S.A. acquired all the
shares in Telcon Fios e Cabos para Telecomuniçaoes S.A. and
Draktel Optical Fibre S.A. owned by third parties, representing
50% and 30% of their respective share capital. The value of
the acquisition amounts to approximately Euro 25 million
(Euro 23 million for Telcon Fios e Cabos para Telecomuniçaoes
SA. and Euro 2 million for Draktel Optical Fibre S.A.).
Acquisition of Global Marine Systems Energy Ltd
On 6 September 2012, the Prysmian Group signed, through
its subsidiary Prysmian UK Group Limited, an agreement
to acquire 100% of Global Marine Systems Energy Ltd.
from Global Marine Systems Ltd. for a purchase price of
approximately Euro 52 million.
Following satisfaction of the conditions precedent, the
acquisition’s closing was completed on 15 November 2012. The
company’s financial statements have therefore been included
in the consolidation from that date.
The consolidated financial statements contained herein were
approved by the Board of Directors on 27 February 2013.
Note: all the amounts shown in the tables in the following Notes are expressed in millions of Euro, unless otherwise stated.
