Merck KGaA, Darmstadt, Germany, Completes Acquisition of Versum Materials
October 07 2019 - 8:27AM
Business Wire
Versum Materials, Inc., a leading materials supplier to the
semiconductor industry, today announced that it has completed the
announced transaction with Merck KGaA, Darmstadt, Germany.
Under the terms of the transaction, stockholders are entitled to
receive $53.00 per share in cash, without interest and less any
applicable withholding tax, for each share of common stock owned
prior to the completion of the merger, representing an equity value
of approximately US$5.8 billion. As a result of the completion of
the acquisition, Versum Materials’ common stock will cease trading
on the NYSE.
About Versum Materials
Versum Materials, Inc. (NYSE: VSM) is one of the world’s leading
suppliers of next-generation CMP slurries, ultra-thin dielectric
and metal film precursors, formulated cleans and etching products,
and delivery equipment that has revolutionized the semiconductor
industry. Versum Materials has annual sales of approximately US
$1.4 billion, 2,300 employees and operates 14 major facilities in
Asia and North America. It is headquartered in Tempe, Arizona.
Prior to its separation on Oct. 1, 2016, Versum Materials had
operated for more than three decades as a division of Air Products
and Chemicals, Inc. (NYSE: APD).
For additional information, please visit
http://www.versummaterials.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20191007005477/en/
Investor Inquiries: Soohwan Kim, CFA, 602-282-0957
VSMIR@versummaterials.com
Media Inquiries: Tiffany Elle, 480-282-6475
Tiffany.Elle@versummaterials.com
Versum Materials (NYSE:VSM)
Historical Stock Chart
From Jan 2025 to Feb 2025
Versum Materials (NYSE:VSM)
Historical Stock Chart
From Feb 2024 to Feb 2025