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Prysmian Raises EUR850 Million via Share Placement
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03:05 AM EDT, 09/11/2026 (MT Newswires) -- Italy-listed Prysmian (PRY.MI) raised 850 million euros through a placement of 7,024,793 shares at 121 euros per share. The cable manufacturer plans to use the proceeds to partially fund its planned $3.8 billion acquisition of Atkore, according to a Friday release. BNP Paribas and Morgan Stanley Europe acted as joint global coordinators and bookrunners, while Credit Agricole Corporate and Investment Bank acted as a joint bookrunner for the placement.
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