SOUTH KOREA: Nexans takes controlling stake in Daesung Cable
Nexans has acquired a 51 percent stake in the fourth-largest cable manufacturer in South Korea for an undisclosed amount. Nexans, created by the merger of Alcatel Cables and Components, now has a controlling stake in Daesung Cable which produces specialist cables for the automotive and telecommunications industry.
Nexans has acquired a 51 percent stake in the fourth-largest cable manufacturer
in South Korea for an undisclosed amount.
Nexans, created by the merger of Alcatel Cables and Components, now has a controlling
stake in Daesung Cable which produces specialist cables for the automotive and
telecommunications industry.
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