Flexible Electronics News

Versum Stockholders Approve Acquisition by Merck KGaA

The transaction is expected to close in the second half of 2019, subject to regulatory clearances and the satisfaction of other customary closing conditions.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Merck KGaA, Darmstadt, Germany, announced that its transaction with Versum Materials, Inc. was approved at a special meeting of Versum’s stockholders. On April 12, 2019, Merck KGaA signed a definitive agreement to acquire Versum for US$53 per share in cash.   “We are pleased that Versum stockholders have voted in favor of us moving forward with this transaction. With complementary portfolios Versum and our Performance Materials business will create a leading electronic materials player capable o...

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