Reuters
03 Aug 2026, 05:37 UTC · 13w ago
Prysmian to buy Atkore for $95 per share in $3.8 bln deal
Impact · against what's priced in
Atkore shares are set to converge toward the $95 cash acquisition price, providing immediate valuation certainty. Prysmian gains a strategic U.S. footprint via a $3.8 billion investment, though the immediate impact on its valuation depends on the synergy realization versus the acquisition cost.
- ATKR+0.60
No priced-in read yet
- In context
The agreement to be acquired for $95 per share in cash establishes a hard floor and a likely premium for shareholders.
Read from the article alone
Top 1 mover · tap to explore
