NEWSMAKER-Prysmian boss sails into choppy waters with Draka

Newswire

* Caught in Draka bid war with China's Xinmao

* Handled Pirelli cable spin-off, listing on bourse

* Prysmian restructuring focused on high-value segments

By Nigel Tutt

MILAN, Dec 20 (Reuters) - Yachtsman Valerio Battista is used to sailing close to the wind, yet the Prysmian Spa boss faces a tougher challenge off the water as he duels with Chinese group Xinmao for control of Dutch rival Draka .

Armed with an unflashy but workmanlike manner, ...

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