Flexible Electronics News

Merck KGaA Completes Versum Materials Acquisition

Transaction amounts to around €5.8 billion.

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By: Anthony Locicero

Copy editor, New York Post

Merck KGaA, Darmstadt, Germany announced the closing of the transaction to acquire Versum Materials, Inc. for approximately €5.8 billion. The transaction closing followed the recent approval from China’s State Administration for Market Regulation (SAMR), which represented the final regulatory clearance to be obtained for completing the acquisition. As a result of the acquisition, the number of Merck KGaA employees will increase by approximately 2,300 to a total of around 56,000 in 66 count...

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