Prysmian announces intention to launch recommended public offer for Draka

Compelling industrial and strategic rationale

_ New leading player in high voltage, subsea, high-end industrial cables, fibers and optical Cables
_ Global presence in more than 50 countries with over 90 plants and more than 20,000 employees with aggregate 2009 net sales of €5.8 billion
_ Highly complementary know-how, geographic footprint and product portfolio
_ No break-up or material divestitures of Draka

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