Prysmian raises funds for Atkore as Nvidia expands AI - 10 Sep 2026

Prysmian Daily News Update · Sep 10, 2026 · 3m

As of September 10, today's news sees developments in AI and energy markets, alongside political dynamics in the U.S. Prysmian is looking to raise 850 million euros through a share sale to help pay for its acquisition of peer Atkore. The company is offering the shares in an overnight placement with investors, according to a statement. There was enough investor demand to cover the deal shortly after order taking began on Thursday, according to terms seen by Bloomberg. Meanwhile, Nvidia has announced a substantial expansion of data center capacity in Australia. The company plans to boost the…