ASML obtains regulatory approvals for strengthened partnership with Zeiss, prepares to close transaction
June 28 2017 - 2:00AM
VELDHOVEN, the Netherlands, 28 June 2017 - ASML
Holding NV (ASML) today announces that it has obtained all
necessary regulatory approvals to complete the transaction pursuant
to which ASML will acquire a 24.9% minority stake in Carl Zeiss
SMT, a subsidiary of Carl Zeiss AG, as announced on 3 November
2016.
ASML obtained merger clearance from the German Federal Cartel
Office (Bundeskartellamt), the Korea Fair Trade Commission and the
Ministry of Commerce of the People's Republic of China. All
conditions to close the transaction have now been fulfilled and
ASML expects to close the transaction before the end of the second
quarter of 2017.
Media
Relations Contacts |
Investor Relations Contacts |
Monique Mols, phone +31 6 5284 4418 |
Craig
DeYoung, phone +1 480 696 2762 |
Niclas
Mika, phone +31 6 201 528 63 |
Marcel
Kemp, phone +31 40 268 6494 |
About ASML
ASML is one of the world's leading manufacturers of chip-making
equipment. Our vision is to enable affordable microelectronics that
improve the quality of life. To achieve this, our mission is to
invent, develop, manufacture and service advanced technology for
high-tech lithography, metrology and software solutions for the
semiconductor industry. ASML's guiding principle is continuing
Moore's Law towards ever smaller, cheaper, more powerful and
energy-efficient semiconductors. This results in increasingly
powerful and capable electronics that enable the world to progress
within a multitude of fields, including healthcare, technology,
communications, energy, mobility, and entertainment. ASML is a
multinational company with offices in 60 cities in 16 countries,
headquartered in Veldhoven, the Netherlands. We employ more than
17,000 people on payroll and flexible contracts (expressed in full
time equivalents). ASML is traded on Euronext Amsterdam and NASDAQ
under the symbol ASML. More information about ASML, our products
and technology, and career opportunities is available on
www.asml.com.
Forward Looking Statements
This press release contains forward looking statements, which you
can generally identify by the use of words like "may", "will",
"could", "should", "project", "believe", "anticipate", "expect",
"plan", "estimate", "forecast", "potential", "intend", "continue",
"targets", "commits to secure" and variations of these words or
comparable words. The forward looking statements contained
herein include statements about ASML's transaction with Zeiss,
including the statement that ASML will acquire a 24.9% minority
stake in Carl Zeiss SMT and the expected timing of closing of the
transaction. These statements are not historical facts, but rather
are based on current expectations, estimates, assumptions and
projections and you should not place undue reliance on them.
Forward-looking statements do not guarantee future performance and
involve risks and uncertainties. These risks and uncertainties
include the risk that closing of the transaction with Zeiss does
not occur within the time expected or at all. These forward-looking
statements are made only as of the date of this document. We do not
undertake to update or revise the forward-looking statements,
whether as a result of new information, future events or
otherwise.
Link to Press Release
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: ASML Holding via Globenewswire
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