Prysmian to Acquire Atkore for $9.5 Billion at $95 Per Share

ATKR Atkore Inc

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1. 1Italian cable maker Prysmian (PRY.MI) has agreed to acquire U.S. electrical products company Atkore (ATKR) for $95 per share in cash
2. 2Enterprise value of approximately $3.8 billion, representing a roughly 23% premium over the 90-day volume-weighted average price as of July 31
3. 3Aimed at expanding a one-stop shop for North American electrification and AI infrastructure; unanimously approved by both boards, with closing expected by year-end 2026

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