Insiders may stand to receive substantial financial benefits not available to ordinary shareholders.The proposed transactions may contain terms that could limit superior competing offers.Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We…
What Happened? Shares of electrical safety company Atkore NYSE:ATKR jumped 28.1% in the afternoon session after the company agreed to be acquired by Prysmian S.p.A. in an all-cash deal valued at approximately $3.8 billion.Under the agreement, Atkore shareholders will receive $95.00 per share in cas…
The acquisition creates a leading U.S. solution provider in electrification, targeting $150 million in synergies by 2029 and immediate EPS accretion. The deal is financed with a balanced mix of equity, hybrid, and debt, and aims to boost solution-based revenues above 60%.Based on Atkore Inc. [ATKR…
Shares of electrification solutions firm Atkore (ATKR) surged in Monday’s premarket trade after the company agreed to merge with Italy’s Prysmian in a $3.8 billion deal to create an entity that will support the artificial intelligence infrastructure industry.As of the writing, ATKR stock was up 28…
Net sales rose 8.1% year-over-year to $794.8 million, with adjusted EBITDA up 4.7% to $104.7 million. Net income dropped sharply due to a $50 million litigation settlement, while the company agreed to be acquired by Prysmian S.p.A. for $95 per share.Original document: Atkore Inc. [ATKR] SEC 8-K Cur…
Atkore Inc. (the “Company” or “Atkore”) (NYSE: ATKR) announced earnings for its fiscal 2026 third quarter ended June 26, 2026.“We were pleased with our third quarter results. Our Net sales, Adjusted EBITDA and Adjusted EPS were all higher versus the prior year and they were sequentially higher from…
Atkore Inc. (“Atkore” or the “Company”) (NYSE: ATKR), a leading manufacturer of electrical infrastructure products, announced today that it has entered into a definitive agreement to be acquired by Prysmian S.p.A. (BIT: PRY) in an all-cash transaction representing an enterprise value of approximate…
Electrical safety company Atkore NYSE:ATKR will be announcing earnings results this Tuesday before the bell. Here’s what to look for.Atkore beat analysts’ revenue expectations last quarter, reporting revenues of $731.4 million, up 4.2% year on year. It was an exceptional quarter for the company, wi…
What Happened? A number of stocks fell in the afternoon session after Iran's missile attack on commercial tankers near the Strait of Hormuz pushed oil prices higher and revived inflation fears, a double blow for the industrial sector squeezed simultaneously by rising fuel costs and rising borrowing…
