Flexible Electronics News

Merck KGaA Signs Definitive Agreement to Acquire Versum Materials

For $53 per share. Versum has terminated its previously announced merger agreement with Entegris.

Author Image

By: Anthony Locicero

Copy editor, New York Post

Merck KGaA, Darmstadt, Germany,  signed a definitive agreement to acquire Versum Materials, Inc. for $53 per share in cash.    The business combination has been unanimously approved by the Executive Board of Merck KGaA and by Versum’s Board of Directors.   “With this transaction, Merck KGaA, Darmstadt, Germany, will be optimally positioned to capitalize on long-term growth trends in the electronic materials industry,” said Stefan Oschmann, chairman of the Executive Board and CEO ...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters