Entegris : Merck KGaA calls on Versum investors to vote down Entegris merger
March 12, 2019 at 12:06 pm EDT
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FRANKFURT (Reuters) - Merck KGaA on Tuesday reiterated its recommendation to shareholders of its takeover target Versum to reject the electronic materials maker's planned merger with peer Entegris.
In a filing to the U.S. Securities And Exchange Commission, the German diversified group said Versum shareholders should vote against the merger, sending "a clear message to the Versum board ... that the Versum board should instead engage in good faith with us to negotiate and execute a definitive agreement with respect to our proposal."
(Reporting by Ludwig Burger; Editing by Riham Alkousaa)
Entegris, Inc. is a supplier of advanced materials and process solutions for the semiconductor and other high technology industries (high-tech). The Company's segments include Materials Solutions (MS), Microcontamination Control (MC) and Advanced Materials Handling (AMH). The MS segment provides advanced consumable materials, such as chemical mechanical planarization (CMP) slurries and pads, deposition materials, process chemistries and gases, formulated cleans, etchants and other specialty materials. The MC segment is engaged in filtering and purifying critical liquid chemistries and gases used in semiconductor manufacturing processes and other high-tech industries. The AMH segment protects critical materials during manufacturing, transportation, and storage; including products that monitor, protect, transport and deliver critical liquid chemistries, wafers, and other substrates for a broad set of applications in the semiconductor, life sciences and other high-tech industries.
ENTEGRIS, INC. 