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Atkore Agrees To Be Acquired By Prysmian For $95.00 Per Share In All-Cash Deal, $3.8B Enterprise Value, 30% Premium

BenzingaAug 3, 2026, 5:15 AMBenzinga Newsdesk

Under the terms of the agreement, at the closing of the transaction, Atkore shareholders will receive $95.00 per share in cash for each share of Atkore common stock. The per share purchase price represents a premium of

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benzinga
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Aug 3, 2026, 5:15 AM
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Aug 3, 2026, 5:15 AM
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  1. The Motley FoolAug 4, 2026, 12:28 AMJoe Tenebruso

    Why Atkore Stock Soared Today

    Prysmian agreed to acquire electrical products manufacturer Atkore for approximately $3.8 billion, offering $95 per share in cash—a 30% premium to Friday's closing price. The deal aims to create a comprehensive electrical solutions provider positioned to capitalize on AI infrastructure buildout and electrification trends, with expected closure by end of 2026.

    Read original at the-motley-fool