ASM informs the market about ASMPT ceasing possible privatization talks
ASM International (Euronext Amsterdam: ASM) has announced that ASMPT, in which ASM holds approximately 25% shareholding, has terminated discussions regarding its potential privatization. The talks, which began with a preliminary non-binding approach from an independent third party on October 14, 2024, have now ceased. ASMPT had previously disclosed receiving interest from a potential offeror regarding a possible privatization deal.
ASM International (Euronext Amsterdam: ASM) ha annunciato che ASMPT, in cui ASM detiene circa il 25% delle azioni, ha interrotto le trattative riguardanti una possibile privatizzazione. I colloqui, iniziati con un approccio preliminare non vincolante da un terzo indipendente il 14 ottobre 2024, sono ora cessati. ASMPT aveva precedentemente comunicato di aver ricevuto interesse da un potenziale offerente riguardo a un possibile accordo di privatizzazione.
ASM International (Euronext Ámsterdam: ASM) ha anunciado que ASMPT, en el que ASM posee aproximadamente el 25% de las acciones, ha terminado las discusiones sobre su posible privatización. Las negociaciones, que comenzaron con un enfoque preliminar no vinculante de un tercero independiente el 14 de octubre de 2024, han cesado ahora. ASMPT había divulgado anteriormente que recibió interés de un posible oferente con respecto a un acuerdo de privatización potencial.
ASM International (유로넥스트 암스테르담: ASM)은 ASMPT의 약 25%의 지분을 보유하고 있는 ASM이 잠재적인 사유화에 대한 논의를 중단했다고 발표했습니다. 이러한 논의는 2024년 10월 14일 독립 제3자의 비구속적인 초기 접근으로 시작되었으며 현재 중단되었습니다. ASMPT는 이전에 잠재적 제안자로부터 사유화 거래에 대한 관심을 받았다고 밝혔습니다.
ASM International (Euronext Amsterdam : ASM) a annoncé que ASMPT, dont ASM détient environ 25 % des actions, a mis fin aux discussions concernant sa possible privatisation. Les pourparlers, qui ont commencé par une approche préliminaire non contraignante d'un tiers indépendant le 14 octobre 2024, ont maintenant cessé. ASMPT avait précédemment annoncé avoir reçu de l'intérêt de la part d'un potentiel offreur concernant un éventuel accord de privatisation.
ASM International (Euronext Amsterdam: ASM) hat bekannt gegeben, dass ASMPT, an dem ASM etwa 25 % der Anteile hält, die Gespräche über eine mögliche Privatisierung beendet hat. Die Verhandlungen, die am 14. Oktober 2024 mit einem vorläufigen, unverbindlichen Ansatz eines unabhängigen Dritten begannen, wurden nun eingestellt. ASMPT hatte zuvor bekanntgegeben, dass es Interesse von einem potenziellen Angebotsersteller bezüglich eines möglichen Privatisierungsdeals erhalten hatte.
- None.
- Termination of potential privatization talks for ASMPT could impact ASM's strategic options for its 25% stake
- Failed privatization discussion might affect ASMPT's market valuation, indirectly impacting ASM's investment value
Almere, The Netherlands
November 12, 2024, 6:00 p.m. CET
ASM international N.V. (Euronext Amsterdam: ASM) informs the market that ASMPT, in which ASM has a shareholding of approximately
ASMPT Ltd. (“ASMPT), in which ASM is a shareholder, announced on October 14, 2024, that its board had received a preliminary non-binding approach from an independent third party (the “Potential Offeror”) in relation to a possible privatization of ASMPT. Meanwhile ASMPT made an announcement that ASMPT and the Potential Offeror ceased these discussions in respect of a possible privatization of ASMPT.
About ASM International
ASM International N.V., headquartered in Almere, the Netherlands, and its subsidiaries design and manufacture equipment and process solutions to produce semiconductor devices for wafer processing, and have facilities in the United States, Europe, and Asia. ASM International's common stock trades on the Euronext Amsterdam Stock Exchange (symbol: ASM). For more information, visit ASM's website at www.asm.com.
Cautionary note regarding forward-looking statements: All matters discussed in this press release, except for any historical data, are forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These include, but are not limited to, economic conditions and trends in the semiconductor industry generally and the timing of the industry cycles specifically, currency fluctuations, corporate transactions, financing and liquidity matters, the success of restructurings, the timing of significant orders, market acceptance of new products, competitive factors, litigation involving intellectual property, shareholders or other issues, commercial and economic disruption due to natural disasters, terrorist activity, armed conflict or political instability, changes in import/export regulations, epidemics, pandemics and other risks indicated in the company's reports and financial statements. The company assumes no obligation nor intends to update or revise any forward-looking statements to reflect future developments or circumstances.
This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.
| Contact Investor and media relations Victor Bareño T: +31 88 100 8500 E: investor.relations@asm.com | Investor relations Valentina Fantigrossi T: +31 88 100 8502 E: investor.relations@asm.com |
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FAQ
Why did ASMPT end privatization talks in November 2024?
What stake does ASM International hold in ASMPT?
When did ASMPT initially receive the privatization approach?
How might the failed privatization talks affect ASM's investment in ASMPT?
