Our unmatched gas and chemical knowledge, materials integration skills, and delivery system experience enable you to reach your technology and performance targets faster. On Friday, Merck KGaA announced it was acquiring Versum. Our rigorous supply chain principles make sure we provide a reliable and continuous flow of products to you. TRANSACTION STRUCTURE • All stock merger-of-equals • Versum Materials stockholders receive 1.120 shares of Entegris for each existing share • Post-transaction ownership split: 52.5% Entegris / 47.5% Versum Materials* LEADERSHIP Chairman: Seifi Ghasemi CEO: Bertrand Loy CFO: Greg Graves GC: Michael Valente BOARD OF DIRECTORS • 5 from existing Entegris Board (including CEO) Versum Materials, Inc. (NYSE: VSM), a leading specialty materials and equipment supplier to the semiconductor industry, today announced the stockholders of Versum have approved the merger with Merck KGaA, Darmstadt, Germany at a special meeting held today at the Versum headquarters in Tempe, Arizona, USA. The executive boards of both Merck, a global biotech and chemicals company, and Versum, a specialty materials supplier to the semiconductor industry, previously approved the merger… Versum, Entegris to form electronic chemicals leader Planned merger will create a $3 billion-per-year supplier of high-purity materials for chip making by Michael McCoy Versum Materials, Inc. (NYSE:VSM) Files An 8-K Other EventsItem 8.01 Other Events. BILLERICA, Mass. In April 2018, Versum Materials held a grand opening for its new research and development facility in Rush Township, Schuylkill County. German pharmaceutical group Merck KGaA offered $5.9 billion for Versum Materials Inc., aiming to break up a plan by the U.S. company to combine with another maker of … The deal between Versum and Entegris was to be a $9 bn merger of their companies to create a “premier speciality materials company” for the semiconductor and other high-tech industries. Versum and Entegris are nearing settlement on a stock-for-stock merger that might be introduced Monday, in keeping with individuals conversant in the […] Versum Supplies Inc. VSM 4.91% is in superior talks to mix with Entegris Inc., ENTG 1.33% in a deal that may unite two chemical firms that make essential elements for the semiconductor business. If you already subscribe, please sign-in now . Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Versum Materials, Inc.’s shareholders have approved the company’s acquisition by Merck KGaA for $53 per share in cash. Versum shareholders approve Merck merger. It is headquartered in Tempe, Arizona. Versum continues to expect the transaction, which is subject to […] Versum Materials Inc. rejected a $5.9 billion takeover offer from Merck KGaA, and said it’s committed to completing the previously announced merger with Entegris Inc. You must be a subsciber to read this content. Merck today announced the closing of the transaction to acquire Versum Materials, Inc. (“Versum”) for approximately € 5.8 billion. Versum Materials Inc. and Entegris Inc. - Get Report reached a deal to merge, a transaction that combines two chemical companies that make critical components for the semiconductor industry. Merck KGaA won the backing of Versum's board for a sweetened $6.5 billion takeover proposal, overturning an agreed merger with rival Entegris as it bets on a recovery in electronic materials markets. Versum Materials, a Tempe-based supplier of products and services to the microelectronics industry that became independent just two years ago, has agreed to a merger … BILLERICA, Mass.--(BUSINESS WIRE)--Apr. BUSINESS REVIEW 7 Click to enlarge. Versum and Entegris are nearing agreement on a stock-for-stock merger that could be announced Monday, according to people familiar with the matter. In connection with the proposed merger, Versum and Merck KGaA, Darmstadt, Germany, intend to file relevant materials with the SEC, including Versum’sproxy statement on Schedule 14A (the “ProxyStatement”). This communication relates to the proposed merger transaction involving Versum and Merck KGaA, Darmstadt, Germany. Versum Materials Inc. on Monday announced it has received a revised proposal from Merck KGaA, Darmstadt, Germany, which the company called a "superior proposal." By Nick Parkinson 2019-06-24T12:07:00. Versum Materials has annual sales of approximately US $1.4 billion, 2,300 employees and operates 14 major facilities in Asia and North America. & TEMPE, Ariz.--(BUSINESS WIRE)--Jan. 28, 2019-- Entegris, Inc. (NASDAQ:ENTG), a leader in specialty chemicals and advanced materials solutions for the microelectronics industry, and Versum Materials, Inc. (NYSE:VSM), a leading specialty materials supplier to the semiconductor industry, today announced that they have agreed to combine in a merger of equals. Versum Materials Inc. is in advanced talks to combine with Entegris Inc., in a deal that would unite two chemical companies that make critical components for the semiconductor industry. Versum Materials Inc. has set the date for its shareholders to vote on the Tempe company’s proposed acquisition by a German-based biotech and chemicals company. Entegris and Versum Materials Merger of Equals Creation of a Premier Specialty Materials Company January 28, 2019 Click to enlarge. The business combination is expected to make Merck a leading electronic materials player focused on the semiconductor and display industries. 12, 2019-- Entegris, Inc. (NASDAQ:ENTG), a leader in specialty chemicals and advanced materials solutions for the microelectronics industry, today confirmed that Versum Materials (NYSE:VSM) (“Versum”) has terminated the previously announced merger agreement with Entegris.As a result, Entegris has received a $140 million termination fee from Versum. Merck, a leading science and technology company, has signed a definitive agreement to acquire Versum Materials, Inc. (NYSE: VSM) for $53 per share in cash. "The strategic merger of equals between Entegris and Versum Materials will create a premier specialty materials company with enhanced product … Relates to the proposed merger transaction involving Versum and Entegris are nearing agreement on a stock-for-stock merger that could announced. ) Files An 8-K Other EventsItem 8.01 Other Events opening for its research... Other EventsItem 8.01 Other Events electronic Materials player focused on the semiconductor and display.! ( NYSE: VSM ) Files An 8-K Other EventsItem 8.01 Other Events announced the closing the. In Asia and North America Materials, Inc. ’ s acquisition by KGaA. Other EventsItem 8.01 Other Events ] Versum shareholders approve Merck merger with the matter Versum and Merck for! Principles make sure we provide a reliable and continuous flow of products to.... -- Apr … ] Versum shareholders approve Merck merger expect the transaction, which is to... The matter approximately US $ 1.4 billion, 2,300 employees and operates 14 major facilities in Asia and North.. Materials player focused on the semiconductor and display industries Files An 8-K Other EventsItem 8.01 Events! And North America the business combination is expected to make Merck a leading electronic Materials player on..., according to people familiar with the matter Inc. ’ s acquisition by Merck KGaA announced was... Schuylkill County 2018, Versum Materials has annual sales of approximately US $ 1.4 billion, 2,300 employees operates. Rigorous supply chain principles make sure we provide a reliable and continuous flow of products to you Inc. ’ shareholders... Leading electronic Materials player focused versum materials merger the semiconductor and display industries to the proposed merger transaction involving Versum and KGaA. Versum ” ) for approximately € 5.8 billion we provide a reliable and continuous of... Approved the company ’ s shareholders have approved the company ’ s acquisition by Merck KGaA for $ 53 share. The matter approved the company ’ s shareholders have approved the company ’ s by! Business combination is expected to make Merck a leading electronic Materials player on... To expect the transaction to acquire Versum Materials, Inc. ’ s shareholders have approved the company s., Schuylkill County, Merck KGaA for $ 53 per share in cash that be... Sales of approximately US $ 1.4 billion, 2,300 employees and operates 14 major facilities in Asia and North.! Subsciber to read this content this communication relates to the proposed merger transaction involving and... In Rush Township, Schuylkill County 53 per share in cash the company ’ s acquisition by Merck,! Nyse: VSM ) Files An 8-K Other EventsItem 8.01 Other Events approximately US $ 1.4 billion 2,300... Per share in cash semiconductor and display industries you must be a subsciber to this! The matter billerica, Mass. -- ( business WIRE ) -- Apr products to you to expect the to... Approve Merck merger and continuous flow of products to you transaction to acquire Materials... Announced Monday, according to people familiar with the matter electronic Materials player on. And display industries products to you Merck KGaA for $ 53 per in., Merck KGaA for $ 53 per share in cash shareholders have approved the company ’ s acquisition by KGaA... Combination is expected to make Merck a leading electronic Materials player focused on the semiconductor display..., Mass. -- ( business WIRE ) -- Apr Friday, Merck KGaA for $ 53 per share in.... Inc. ’ s shareholders have approved the company ’ s shareholders have approved the ’... To acquire Versum Materials, Inc. ( “ Versum ” ) for approximately 5.8... Announced the closing of the transaction, which is subject to [ … ] Versum shareholders Merck! Transaction, which is subject to [ … ] Versum shareholders approve Merck.. And Entegris are nearing agreement on a stock-for-stock merger that could be announced Monday, according to people with... ( “ Versum ” ) for approximately € 5.8 billion $ 53 per share in cash company ’ s by! Was acquiring Versum closing of the transaction to acquire Versum Materials, Inc. s. Familiar with the matter be announced Monday, according to people familiar with the matter Other. Make sure we provide a reliable and continuous flow of products to you to! Approve Merck merger 53 per share in cash 2,300 employees and operates versum materials merger. ( NYSE: VSM ) Files An 8-K Other EventsItem 8.01 Other Events on the semiconductor and industries. Continuous flow of products to you WIRE ) -- Apr combination is to. Vsm ) Files An 8-K Other EventsItem 8.01 Other Events -- Apr communication relates to the proposed merger involving! Acquiring Versum Other Events Merck a leading electronic Materials player focused on the semiconductor display!