12:54 PM EDT, 09/30/2025 (MT Newswires) -- Atkore ( ATKR ) shareholder Irenic Capital Management is pushing the electrical products manufacturer to pursue a potential sale, Bloomberg reported Tuesday, citing sources with knowledge of the matter.
Irenic, which is said to hold a 2.5% stake in Atkore ( ATKR ), has privately advised the board and management that a sale to private equity is the best outcome for shareholders, according to the report.
Atkore ( ATKR ) said Monday it was "evaluating a broad range of alternatives" to focus on its core electrical infrastructure portfolio, including a potential sale of its non-electrical infrastructure focused assets.
Atkore ( ATKR ) and Irenic did not immediately reply to requests for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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