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Company Statement: Prysmian To Evaluate A Cross Border Merger With Draka, with Prysmian as Surviving Entity

( June 29, 2009, 17:00 GMT | Official Statement) -- Extract: Prysmian S.p.A. (Prysmian) confirms hereby that, consistently with its growth strategy, it has entered into preliminary discussions with Draka in order to evaluate, also with the assistance of its advisors, a possible combination between the two companies, to be implemented through a share for share cross-border statutory merger with Prysmian as surviving entity.In light of Draka Holding N.V. (Draka) press release issued this morning, Prysmian S.p.A. (Prysmian) confirms hereby that, consistently with its growth strategy, it has entered into preliminary discussions with Draka in order to evaluate, also with the assistance of its advisors, a possible combination between the two companies, to be implemented through a share for share cross-border statutory merger with Prysmian as surviving entity....

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