Brief: Prysmian Says Atkore Deal Expected To Generate $150 Mln Annual EBITDA Synergies Within Three Years Of Closing
03/08/2026 06:04
BRIEF-Prysmian Says Atkore Deal Expected To Generate $150 Mln Annual EBITDA Synergies Within Three Years Of Closing Aug 3 (Reuters) - Prysmian SpA PRY.MI:
ATKORE DEAL EXPECTED TO GENERATE $150 MILLION ANNUAL EBITDA SYNERGIES WITHIN THREE YEARS OF CLOSING
DEAL EXPECTED TO BE HIGH SINGLE-DIGIT EPS ACCRETIVE FIRST YEAR, DOUBLE-DIGIT AFTER SYNERGIES
DEAL UNANIMOUSLY APPROVED BY BOTH BOARDS, EXPECTED TO CLOSE BY END 2026
DEAL REPRESENTS 23% PREMIUM OVER 90-DAY VWAP PRIOR TO JULY 31, 2026
Further company coverage: PRY.MI
(Gdansk Newsroom)
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