-+ 0.00%
-+ 0.00%
-+ 0.00%
Prysmian raises EUR 850 million in accelerated private share placement at EUR 121 per share
Share
Listen to the news
Prysmian raises EUR 850 million in accelerated private share placement at EUR 121 per share
  • Prysmian completed an unregistered private placement via accelerated bookbuild, raising about EUR 850 million in gross proceeds.
  • Issued 7,024,793 new ordinary shares at EUR 121 per share, about 2.4% of share capital outstanding pre-deal.
  • Net proceeds earmarked to partly fund the all-cash acquisition of Atkore at USD 95 per share, implying about USD 3.8 billion enterprise value.
  • Settlement set for Sept. 15, 2026; post-issue share count rises to 308,861,615 ordinary shares.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Prysmian S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 0902-64-2026_TELEBORSA.pdf), on September 11, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending