Prysmian

Prysmian is likely to achieve organic revenue growth in the high single-digit percentage range in the third quarter, supported by strong demand from data centers for fiber-optic cables after disclosing orders worth €10 billion. Transmission and Digital Solutions could grow in the double digits, Power Grids is improving thanks to higher prices, and Electrification benefits from strong US demand. With a 2027 P/E of 21 the stock appears attractively valued; technically it is testing the 200-day moving average, and a breakout could take the share back to the record high around €157. » Mere på deraktionaer.de

Prysmian plans to acquire Atkore for $3.8 billion (about $95 per share plus debt) to add conduits, fittings and cable trays to its cable portfolio and position the group as a one‑stop supplier for distributors and data centers. The deal implies a 9.8x EBITDA multiple on 2025 figures and targets $150 million in annual synergies by 2029, with roughly $100 million from commercial bundling and $50 million from operational savings. Prysmian expects the transaction to be accretive to EPS from year one excluding synergies and to finance the deal with roughly 60% debt, 20% equity and 20% hybrid debt while preserving an investment‑grade rating. » Mere på finance.yahoo.com

Prysmian has agreed to buy U.S. electrical-products maker Atkore in an all-cash transaction worth $3.8 billion, paying $95 per Atkore share — about 30% above Friday’s closing price. The takeover is intended to strengthen Prysmian’s electrical infrastructure product portfolio, notably given expected demand from electrification and the expansion of AI data centers in the U.S. The boards of both companies approved unanimously; closing is targeted by the end of 2026 and will be financed with a mix of debt and equity. » Mere på de.investing.com