M&A
confidence high
sentiment positive
materiality 1.00
Atkore to be acquired by Prysmian for $95.00/share in cash, ~$3.8B EV
Atkore Inc.
- Atkore shareholders to receive $95.00 per share in cash, a 30% premium to July 31 close of $72.96.
- Enterprise value approximately $3.8 billion; transaction expected to close by calendar year-end 2026.
- Both boards unanimously approved; subject to Atkore shareholder vote, regulatory approvals, and customary conditions.
- Atkore separately announced Q3 FY2026 results; merger conference call scheduled for August 3, 2026.
- Termination fee of $115.92 million payable by Atkore under certain circumstances if deal fails.