Prysmian S.p.A. received U.S. antitrust clearance for its acquisition of Atkore Inc. on September 14, 2026. The Hart-Scott-Rodino Act waiting period expired for the merger first announced on August 2, 2026. The transaction values Atkore at approximately $3.8 billion.
Prysmian is pursuing the deal to expand its North American electrical infrastructure presence. The strategy focuses on capturing growth from AI data center demand. Atkore’s stock price surged significantly following the initial merger announcement.
The deal still requires approval from Atkore shareholders and other regulatory bodies. Completion remains subject to customary closing conditions.