Flexible Electronics News

Merck KGaA Completes Acquisition of AZ Electronic Materials

Acceptance threshold of 75 percent reached with 81.3 percent of AZ shares tendered

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Merck KGaA announced the completion of its acquisition of AZ Electronic Materials, creating a leading solutions provider in the premium segment of high-tech materials and functional specialty chemicals. In December 2013, Merck KGaA, had made a recommended cash offer totalling approximately €1.9 billion to acquire AZ Electronic Materials, which had annual sales of $730 million. The completion of the transaction follows the satisfaction of all customary conditions, including an acceptance leve...

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