Prysmian to buy Atkore for USD 95 per share in USD 3.8 billion deal

Reuters2026/08/03 05:02

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Prysmian agreed to acquire Atkore in a $95-per-share deal, implying an enterprise value of about $3.8 billion.
The price represents a roughly 23% premium to Atkore’s 90-day volume-weighted average price through July 31, 2026.
The deal values Atkore at 9.8x EV/EBITDA for fiscal 2025, falling to 7.1x including expected run-rate synergies.
Atkore reported fiscal 2025 revenue of $2.85 billion, adjusted EBITDA of $386 million, about 30 major sites, 5,400 employees.
Closing is targeted by end-2026; Prysmian expects about $150 million in annual EBITDA synergies within three years.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Prysmian S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 0902-57-2026_TELEBORSA.pdf), on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Prysmian to buy Atkore for USD 95 per share in USD 3.8 billion deal

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