Brief: Atkore Inc. Announces Sale Of Hdpe Pipe & Conduit Business To Infra Pipes
April 8 (Reuters) - Atkore Inc ATKR.N: ATKORE INC. ANNOUNCES SALE OF HDPE PIPE & CONDUIT BUSINESS TO INFRA PIPES ATKORE INC - TO CAPITALIZE COMBINED BUSINESS WITH $28 MILLION AND RETAIN 10% EQUITY STAKE ATKORE INC - EXPECTS TO ACHIEVE TAX BENEFITS FROM SALE OF HDPE BUSINESS ATKORE INC - DEAL EXPECTED TO BE ACCRETIVE TO ADJUSTED EBITDA MARGINS AND RETURN ON INVESTED CAPITAL Source text: ID:nBw76FDnZa Further company coverage: ATKR.N ((Reuters.Briefs@thomsonreuters.com;))
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Brief: Atkore Inc. Announces Sale Of Hdpe Pipe & Conduit Business To Infra Pipes