Prysmian SpA, the Italy-based electrical cables and systems manufacturer, agrees to buy US electrical manufacturing company Atkore Inc. Multiple reports say the transaction is structured as an all-cash acquisition. Prysmian’s offer is reported at $95 per share, and the deal is described as valuing Atkore at an enterprise value of about $3.8 billion. The reports characterize the agreement as a direct purchase by Prysmian rather than a stock-for-stock merger. Prysmian’s chief executive, Massimo Battaini, discusses the transaction in a Bloomberg appearance referenced by one of the outlets. While the sources provided do not detail expected regulatory steps, closing timelines, or financing arrangements, they consistently describe the core commercial terms: acquisition of Atkore, all-cash structure, and the per-share price and overall valuation. The announcement frames the deal as a significant expansion move for Prysmian into additional electrical manufacturing activities through Atkore’s business.