STOCK TITAN

ASM informs the market about ASMPT announcement

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags

ASM International N.V. (Euronext Amsterdam: ASM) has informed the market about a significant development concerning ASMPT, in which ASM holds approximately 25% shareholding. ASMPT has received a preliminary non-binding approach from an independent third party regarding a possible privatization of the company.

Key points:

  • The discussions are at an early stage
  • No agreement has been reached with the potential offeror
  • There is no certainty that the approach will lead to an offer for ASMPT shares

ASM International, headquartered in Almere, the Netherlands, designs and manufactures equipment and process solutions for semiconductor device production, with facilities in the United States, Europe, and Asia.

ASM International N.V. (Euronext Amsterdam: ASM) ha informato il mercato su un importante sviluppo riguardante ASMPT, nella quale ASM detiene circa il 25% delle azioni. ASMPT ha ricevuto un approccio preliminare non vincolante da un terzo indipendente riguardo a una possibile privatizzazione della società.

Punti chiave:

  • Le discussioni sono in una fase iniziale
  • Non è stato raggiunto alcun accordo con l'offerente potenziale
  • Non c'è certezza che l'approccio porti a un'offerta per le azioni di ASMPT

ASM International, con sede ad Almere, nei Paesi Bassi, progetta e produce attrezzature e soluzioni di processo per la produzione di dispositivi a semiconduttore, con impianti negli Stati Uniti, in Europa e in Asia.

ASM International N.V. (Euronext Amsterdam: ASM) ha informado al mercado sobre un desarrollo significativo relacionado con ASMPT, en el cual ASM posee aproximadamente el 25% de las acciones. ASMPT ha recibido un enfoque preliminar no vinculante de un tercero independiente sobre una posible privatización de la empresa.

Puntos clave:

  • Las discusiones están en una etapa temprana
  • No se ha llegado a un acuerdo con el posible oferente
  • No hay certeza de que el enfoque conduzca a una oferta por las acciones de ASMPT

ASM International, con sede en Almere, Países Bajos, diseña y fabrica equipos y soluciones de proceso para la producción de dispositivos semiconductores, con instalaciones en Estados Unidos, Europa y Asia.

ASM International N.V. (Euronext Amsterdam: ASM)ASMPT에 관한 중요한 개발 사항을 시장에 알렸습니다. ASM은 ASMPT의 약 25% 지분을 보유하고 있습니다. ASMPT는 독립적인 제3자로부터 비구속적인 초기 접근 방식을 받아 두 번째 단계의 회사 사유화에 대한 논의가 이루어졌습니다.

주요 사항:

  • 논의는 초기 단계에 있습니다
  • 잠재적 제안자와 협상이 이루어지지 않았습니다
  • 이 접근 방식이 ASMPT 주식에 대한 제안으로 이어질 것이라는 확실성이 없습니다

ASM International은 네덜란드 알메레에 본사를 두고 있으며 반도체 장치 생산을 위한 장비 및 공정 솔루션을 설계하고 제조하며, 미국, 유럽, 아시아에 시설을 두고 있습니다.

ASM International N.V. (Euronext Amsterdam: ASM) a informé le marché d'un développement significatif concernant ASMPT, dans lequel ASM détient environ 25 % des actions. ASMPT a reçu une approche préliminaire non contraignante d'un tiers indépendant concernant une possible privatisation de la société.

Points clés :

  • Les discussions en sont à un stade précoce
  • Aucun accord n'a été conclu avec le potentiel offreur
  • Il n'y a aucune certitude que l'approche conduise à une offre pour les actions d'ASMPT

ASM International, dont le siège est à Almere, aux Pays-Bas, conçoit et fabrique des équipements et des solutions de processus pour la production de dispositifs à semi-conducteurs, avec des installations aux États-Unis, en Europe et en Asie.

ASM International N.V. (Euronext Amsterdam: ASM) hat den Markt über eine bedeutende Entwicklung bezüglich ASMPT informiert, an der ASM etwa 25 % der Anteile hält. ASMPT hat einen vorläufigen, nicht bindenden Ansatz von einem unabhängigen Dritten erhalten, der eine mögliche Privatisierung des Unternehmens betrifft.

Wichtige Punkte:

  • Die Gespräche befinden sich in einem frühen Stadium
  • Es wurde keine Vereinbarung mit dem potenziellen Anbieter getroffen
  • Es gibt keine Gewissheit, dass der Ansatz zu einem Angebot für ASMPT-Aktien führen wird

ASM International mit Hauptsitz in Almere, Niederlande, entwirft und produziert Anlagen und Prozesslösungen für die Produktion von Halbleitergeräten mit Einrichtungen in den Vereinigten Staaten, Europa und Asien.

Positive
  • Potential privatization offer for ASMPT could lead to value realization for ASM's 25% stake
  • Early-stage discussions indicate market interest in ASMPT's business
Negative
  • Uncertainty surrounding the potential privatization offer for ASMPT
  • Possible changes in ASM's investment structure if ASMPT privatization proceeds

Almere, The Netherlands
October 14, 2024, 1:00 p.m. CET

ASM international N.V. (Euronext Amsterdam: ASM) informs the market that ASMPT, in which ASM has a shareholding of approximately 25%, today announced that it received a non-binding approach in relation to a possible privatization of ASMPT. 

ASM is a shareholder in ASMPT Ltd. (“ASMPT”), which today issued an announcement that its board has received a preliminary non-binding approach from an independent third party (the “Potential Offeror”) in relation to a possible privatization of ASMPT. ASMPT further mentioned in its announcement today that discussions are at an early stage and that it has not reached any agreement with the Possible Offeror for any offer, and that there is no certainty that the preliminary non-binding approach will lead to an offer being made in relation to its shares.

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

Attachment


FAQ

What is the current status of the privatization approach for ASMPT (ASMIY)?

ASMPT has received a preliminary non-binding approach from an independent third party regarding a possible privatization. Discussions are at an early stage, with no agreement reached and no certainty of an offer being made.

How much of ASMPT (ASMIY) does ASM International own?

ASM International holds approximately 25% shareholding in ASMPT.

When did ASMPT (ASMIY) announce the privatization approach?

ASMPT announced the privatization approach on October 14, 2024.

What is ASM International's role in the potential privatization of ASMPT (ASMIY)?

ASM International is a significant shareholder in ASMPT, owning approximately 25% of the company. ASM has informed the market about ASMPT's announcement but is not directly involved in the privatization discussions.

ASM INTL NV NY REG SHS

OTC:ASMIY

ASMIY Rankings

ASMIY Latest News

ASMIY Stock Data

26.81B
48.63M
1.04%
Semiconductor Equipment & Materials
Technology
Link
United States of America
Almere