February 11, 2019 / 6:47 PM / 3 months ago

Prysmian warns of potential $100 mln-plus fine in antitrust case

MILAN, Feb 11 (Reuters) - Cable maker Prysmian said on Monday it could have to pay a fine of up to 96 million euros ($108 million) in an antitrust case opened in Brazil in 2011.

The Brazilian Antitrust authority - the CADE Tribunal - is expected to issue a decision that will be provisionally enforceable. The decision could be challenged before the Brazilian courts, Prysmian said in a statement.

$1 = 0.8874 euros Reporting by Francesca Landini; Editing by Mark Potter

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