Atkore Inc. filed a current report to confirm that the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act expired on September 14, 2026, regarding its proposed merger with Prysmian S.p.A. The transaction remains subject to customary closing conditions, including shareholder approval and other regulatory clearances. Atkore Inc. manufactures electrical products and systems.

Atkore Inc. announced its fiscal 2026 third quarter results and entered into a definitive agreement to be acquired by Prysmian S.p.A. in an all-cash transaction valued at $95.00 per share, representing an enterprise value of approximately $3.8 billion. For the quarter ended June 26, 2026, net sales increased 8.1% to $794.8 million, while adjusted EBITDA rose 4.7% to $104.7 million. GAAP net income fell 98.3% to $0.7 million due to a $50.0 million litigation settlement expense and increased transaction costs. The Board also approved a quarterly dividend of $0.33 per share, payable on August 28, 2026 to shareholders of record as of August 18, 2026. Atkore is a leading manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications.

On August 2, 2026, Atkore Inc. entered into a definitive Agreement and Plan of Merger with Prysmian S.p.A., under which Prysmian will acquire all outstanding shares of Atkore common stock in an all-cash transaction valued at approximately $3.8 billion enterprise value. Each share of Atkore stock will be converted into the right to receive $95.00 in cash, representing a premium of approximately 30% to the July 31, 2026 closing price. The merger requires approval by Atkore's shareholders and customary regulatory clearances, including Hart-Scott-Rodino review, with a target closing date by calendar year-end 2026. Atkore’s board unanimously recommended the transaction, which is not subject to financing conditions. Atkore Inc. manufactures electrical infrastructure products for commercial, industrial, data center, and solar applications.

Atkore Inc. entered into a settlement agreement on June 3, 2026, with the End User Plaintiffs in the In re PVC Pipe Antitrust Litigation. Under the agreement, the company will pay an aggregate of $50 million into a settlement fund to resolve all claims asserted by the class. This settlement will be reflected as a non-operating expense in the quarter ending June 26, 2026.