Versum continues to expect the transaction, which is subject to […] By Nick Parkinson 2019-06-24T12:07:00. Versum Materials, Inc.’s shareholders have approved the company’s acquisition by Merck KGaA for $53 per share in cash. 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 "The strategic merger of equals between Entegris and Versum Materials will create a premier specialty materials company with enhanced product … The business combination is expected to make Merck a leading electronic materials player focused on the semiconductor and display industries. 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. It is headquartered in Tempe, Arizona. In April 2018, Versum Materials held a grand opening for its new research and development facility in Rush Township, Schuylkill County. BUSINESS REVIEW 7 Click to enlarge. 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. & 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. Merck today announced the closing of the transaction to acquire Versum Materials, Inc. (“Versum”) for approximately € 5.8 billion. Entegris and Versum Materials Merger of Equals Creation of a Premier Specialty Materials Company January 28, 2019 Click to enlarge. Our unmatched gas and chemical knowledge, materials integration skills, and delivery system experience enable you to reach your technology and performance targets faster. 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. 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. (NYSE:VSM) Files An 8-K Other EventsItem 8.01 Other Events. Our rigorous supply chain principles make sure we provide a reliable and continuous flow of products to you. 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 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, a leading science and technology company, has signed a definitive agreement to acquire Versum Materials, Inc. (NYSE: VSM) for $53 per share in cash. Versum shareholders approve Merck merger. 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. 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. 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. If you already subscribe, please sign-in now . Versum Materials has annual sales of approximately US $1.4 billion, 2,300 employees and operates 14 major facilities in Asia and North America. On Friday, Merck KGaA announced it was acquiring Versum. 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”). BILLERICA, Mass.--(BUSINESS WIRE)--Apr. 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) You must be a subsciber to read this content. 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 … 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. 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 … Versum Materials Inc. on Monday announced it has received a revised proposal from Merck KGaA, Darmstadt, Germany, which the company called a "superior proposal." BILLERICA, Mass. Versum and Entegris are nearing agreement on a stock-for-stock merger that could be announced Monday, according to people familiar with the matter. This communication relates to the proposed merger transaction involving Versum and Merck KGaA, Darmstadt, Germany. 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