Prysmian to Acquire General Cable for $3B

Prysmian Group (BIT: PRY) and General Cable Corporation (NYSE: BGC) today announced that they have entered into a definitive merger agreement under which Prysmian will acquire General Cable for $30.00 per share in cash. The transaction values General Cable at approximately $3 billion, including debt and certain other General Cable liabilities, and represents a premium of approximately 81% to the General Cable closing price of $16.55 per share on July 14, 2017, the last day…

Jaggaer - digital procurement survey

Are You Ready for Digital Procurement?

The answer is not yet, according to a new survey released by JAGGAER in cooperation with the Austrian Association for Supply Chain Management, Procurement and Logistics (BMÖ). Although the survey finds a majority of companies wary of using the newest technologies, including blockchain, robotic process automation (RPA), and digital assistants/chatbots in their procurement organizations, they…