BRIEF-Atkore Inc. Announces Sale Of Hdpe Pipe & Conduit Business To Infra Pipes

Reuters04-08
BRIEF-<a href="https://laohu8.com/S/ATKR">Atkore Inc.</a> Announces Sale Of Hdpe Pipe & Conduit Business To Infra Pipes

April 8 (Reuters) - Atkore Inc ATKR.N:

  • ATKORE INC. ANNOUNCES SALE OF HDPE PIPE & CONDUIT BUSINESS TO INFRA PIPES

  • ATKORE INC - TO CAPITALIZE COMBINED BUSINESS WITH $28 MILLION AND RETAIN 10% EQUITY STAKE

  • ATKORE INC - EXPECTS TO ACHIEVE TAX BENEFITS FROM SALE OF HDPE BUSINESS

  • ATKORE INC - DEAL EXPECTED TO BE ACCRETIVE TO ADJUSTED EBITDA MARGINS AND RETURN ON INVESTED CAPITAL

Source text: ID:nBw76FDnZa

Further company coverage: ATKR.N

((Reuters.Briefs@thomsonreuters.com;))

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