KKR considers takeover offer for ASMPT, Bloomberg reports - InvestingChannel

KKR considers takeover offer for ASMPT, Bloomberg reports

KKR (KKR) is weighing an offer for ASMPT (ASMVF), a roughly $5B semiconductor and electronics equipment maker, Bloomberg’s Crystal Tse, Manuel Baigorri, and Dong Cao report, citing people familiar with the matter. ASM International (ASMIY), which holds a roughly 25% stake in ASMPT, has in the past been pushed by activist investors to sell its stake. According to the people, KKR has made a preliminary approach to take ASMPT private, though considerations are at an early stage and may not lead to a deal.

Related posts

Advisors in Focus- January 6, 2021

Gavin Maguire

Advisors in Focus- February 15, 2021

Gavin Maguire

Advisors in Focus- February 22, 2021

Gavin Maguire

Advisors in Focus- February 28, 2021

Gavin Maguire

Advisors in Focus- March 18, 2021

Gavin Maguire

Advisors in Focus- March 21, 2021

Gavin Maguire