Prysmian reported that the company has received antitrust clearance in the U.S. for its recently announced deal to buy Encore Wire.

A press release said that completion of the deal remains conditional on approval of Encore Wire’s shareholders “and the fulfillment of other conditions precedent typical for this type of transaction.” In related news, the company said that the acquisition of the McKinney, Texas-based company was going well, and that the result of synergies should be seen at an even quicker pace.

Per published reports, CEO Chief Executive Massimo Battaini told analysts that the outlook or Prysmian’s $4.2 billion acquisition of Encore Wire was quite good. “We started already outlining and discussing with the counterpart the major action to be undertaken the day one after the closing ... to capture the expected $140 million synergies with a faster pace than what we anticipated,” he said.