Industry · Official report
Prysmian completes Atkore acquisition, company filing confirms
Published by BriefDash · · Toronto
Atkore’s October 19 filing says Prysmian has completed its acquisition and Atkore is now a wholly owned subsidiary. Eligible common shares were converted into a right to US$95 each in cash, subject to the merger agreement’s exceptions. The filing puts aggregate cash merger consideration at approximately US$3.3 billion.
Why it matters
Completion is a new milestone after the August agreement; the reported cash consideration is not a stated enterprise value.
Source dated · Atkore — Form 8-K on SEC EDGAR ↗
Source: Atkore filing; independently written summary.
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