MKS Instruments to Buy Carlyleâs Atotech for $5.1 Billion
Jul 02 2021, 12:39 PM
July 01 2021, 7:43 PM
July 02 2021, 12:39 PM
(Bloomberg) -- MKS Instruments Inc., a maker of equipment for the chip industry, agreed to acquire specialty chemicals group Atotech Ltd. for about $5.1 billion in cash and stock.
(Bloomberg) -- MKS Instruments Inc., a maker of equipment for the chip industry, agreed to acquire specialty chemicals group Atotech Ltd. for about $5.1 billion in cash and stock.
The Andover, Massachusetts-based company will offer $16.20 in cash and 0.0552 MKS shares for each Atotech share, according to a statement Thursday, which confirmed an earlier Bloomberg News report. Carlyle Group Inc., the buyout firm that owns 79% of Atotech, has agreed to vote in favor of the transaction.