versum materials merger

This communication relates to the proposed merger transaction involving Versum and Merck KGaA, Darmstadt, Germany. Versum Materials Inc. has set the date for its shareholders to vote on the Tempe company’s proposed acquisition by a German-based biotech and chemicals company. Versum continues to expect the transaction, which is subject to […] On Friday, Merck KGaA announced it was acquiring Versum. Versum and Entegris are nearing settlement on a stock-for-stock merger that might be introduced Monday, in keeping with individuals conversant in the […] Versum shareholders approve Merck merger. BILLERICA, Mass.--(BUSINESS WIRE)--Apr. The business combination is expected to make Merck a leading electronic materials player focused on the semiconductor and display industries. Versum Supplies Inc. VSM 4.91% is in superior talks to mix with Entegris Inc., ENTG 1.33% in a deal that may unite two chemical firms that make essential elements for the semiconductor business. Versum Materials Inc. is in advanced talks to combine with Entegris Inc., in a deal that would unite two chemical companies that make critical components for the semiconductor industry. Versum Materials, Inc. (NYSE: VSM), a leading specialty materials and equipment supplier to the semiconductor industry, today announced the stockholders of Versum have approved the merger with Merck KGaA, Darmstadt, Germany at a special meeting held today at the Versum headquarters in Tempe, Arizona, USA. Merck, a leading science and technology company, has signed a definitive agreement to acquire Versum Materials, Inc. (NYSE: VSM) for $53 per share in cash. German pharmaceutical group Merck KGaA offered $5.9 billion for Versum Materials Inc., aiming to break up a plan by the U.S. company to combine with another maker of … Entegris and Versum Materials Merger of Equals Creation of a Premier Specialty Materials Company January 28, 2019 Click to enlarge. Versum, Entegris to form electronic chemicals leader Planned merger will create a $3 billion-per-year supplier of high-purity materials for chip making by Michael McCoy Versum Materials, a Tempe-based supplier of products and services to the microelectronics industry that became independent just two years ago, has agreed to a merger … Versum Materials has annual sales of approximately US $1.4 billion, 2,300 employees and operates 14 major facilities in Asia and North America. By Nick Parkinson 2019-06-24T12:07:00. Versum and Entegris are nearing agreement on a stock-for-stock merger that could be announced Monday, according to people familiar with the matter. In April 2018, Versum Materials held a grand opening for its new research and development facility in Rush Township, Schuylkill County. The executive boards of both Merck, a global biotech and chemicals company, and Versum, a specialty materials supplier to the semiconductor industry, previously approved the merger… Our unmatched gas and chemical knowledge, materials integration skills, and delivery system experience enable you to reach your technology and performance targets faster. Versum Materials Inc. on Monday announced it has received a revised proposal from Merck KGaA, Darmstadt, Germany, which the company called a "superior proposal." "The strategic merger of equals between Entegris and Versum Materials will create a premier specialty materials company with enhanced product … & TEMPE, Ariz.--(BUSINESS WIRE)--Jan. 28, 2019-- Entegris, Inc. (NASDAQ:ENTG), a leader in specialty chemicals and advanced materials solutions for the microelectronics industry, and Versum Materials, Inc. (NYSE:VSM), a leading specialty materials supplier to the semiconductor industry, today announced that they have agreed to combine in a merger of equals. Our rigorous supply chain principles make sure we provide a reliable and continuous flow of products to you. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Versum Materials, Inc. (NYSE:VSM) Files An 8-K Other EventsItem 8.01 Other Events. BILLERICA, Mass. Merck KGaA won the backing of Versum's board for a sweetened $6.5 billion takeover proposal, overturning an agreed merger with rival Entegris as it bets on a recovery in electronic materials markets. If you already subscribe, please sign-in now . 12, 2019-- Entegris, Inc. (NASDAQ:ENTG), a leader in specialty chemicals and advanced materials solutions for the microelectronics industry, today confirmed that Versum Materials (NYSE:VSM) (“Versum”) has terminated the previously announced merger agreement with Entegris.As a result, Entegris has received a $140 million termination fee from Versum. It is headquartered in Tempe, Arizona. You must be a subsciber to read this content. Versum Materials, Inc.’s shareholders have approved the company’s acquisition by Merck KGaA for $53 per share in cash. In connection with the proposed merger, Versum and Merck KGaA, Darmstadt, Germany, intend to file relevant materials with the SEC, including Versum’sproxy statement on Schedule 14A (the “ProxyStatement”). Merck today announced the closing of the transaction to acquire Versum Materials, Inc. (“Versum”) for approximately € 5.8 billion. Versum Materials Inc. and Entegris Inc. - Get Report reached a deal to merge, a transaction that combines two chemical companies that make critical components for the semiconductor industry. Versum Materials Inc. rejected a $5.9 billion takeover offer from Merck KGaA, and said it’s committed to completing the previously announced merger with Entegris Inc. BUSINESS REVIEW 7 Click to enlarge. TRANSACTION STRUCTURE • All stock merger-of-equals • Versum Materials stockholders receive 1.120 shares of Entegris for each existing share • Post-transaction ownership split: 52.5% Entegris / 47.5% Versum Materials* LEADERSHIP Chairman: Seifi Ghasemi CEO: Bertrand Loy CFO: Greg Graves GC: Michael Valente BOARD OF DIRECTORS • 5 from existing Entegris Board (including CEO) The deal between Versum and Entegris was to be a $9 bn merger of their companies to create a “premier speciality materials company” for the semiconductor and other high-tech industries. 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