Prysmian Strikes Deal to Buy US Electric Maker Atkore
Italy’s Prysmian has reached an all-cash deal to buy electrical manufacturing company Atkore Inc. Prysmian said it’s paying $95 per share in an offer that values the company at an enterprise value of about $3.8 billion. Prysmian CEO Massimo Battaini discusses the deal on “Bloomberg Brief.” (Source: Bloomberg)
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