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Corporate Press Releases

Corporate Press Releases

Versum Materials Stockholders Approve Merger with Merck KGaA, Darmstadt, Germany
06/17/19

TEMPE, Ariz. --(BUSINESS WIRE)--Jun. 17, 2019-- Versum Materials, Inc. (NYSE: VSM), a leading specialty materials and equipment supplier to the semiconductor industry, today announced the stockholders of Versum have approved the merger with Merck KGaA , Darmstadt, Germany at a special meeting held

Versum Materials Announces Date for Special Meeting of Stockholders to Vote on the Merger Agreement with Merck KGaA, Darmstadt, Germany
05/08/19

TEMPE, Ariz. --(BUSINESS WIRE)--May 8, 2019-- Versum Materials, Inc. (NYSE: VSM) , a leading specialty materials and equipment supplier to the semiconductor industry, today announced that it will hold a special meeting of its stockholders at its corporate headquarters, 8555 South River Parkway ,

Versum Materials Reports Fiscal Second Quarter 2019 Financial Results
05/07/19

Fiscal Second Quarter 2019 Financial Highlights Sales of $326 million , Net Income of $50 million , or diluted EPS of $0.46 Adjusted EBITDA of $110 million , or Adjusted EBITDA Margin of 34% Adjusted Net Income of $62 million , or diluted EPS of $0.57 Entered definitive merger agreement with Merck

Versum Materials Declares Quarterly Cash Dividend; Announces Record Date for Special Meeting of Stockholders
04/30/19

TEMPE, Ariz. --(BUSINESS WIRE)--Apr. 30, 2019-- Versum Materials, Inc. (NYSE:VSM), a leading global specialty materials supplier to the semiconductor industry, today announced that its Board of Directors has declared a quarterly cash dividend of $0.08 per share.

Merck KGaA, Darmstadt, Germany, Signs Definitive Agreement to Acquire Versum Materials for $53 per Share
04/12/19

Business combination creates a leading electronic materials player able to capitalize on attractive long-term secular growth drivers Versum is a “Best in Class” asset with industry-leading financial metrics Expected to be immediately accretive to earnings per share pre (EPS pre) €75 million in

Versum Materials Receives Revised Proposal from Merck KGaA; Board Determines Revised Offer Constitutes a “Superior Proposal” to Entegris Transaction
04/08/19

Entegris has the Right to Submit Counterproposal Until April 11 TEMPE, Ariz. --(BUSINESS WIRE)--Apr. 8, 2019-- Versum Materials, Inc. (NYSE: VSM) today announced that it has received a revised proposal from Merck KGaA , Darmstadt, Germany (“Merck”) to acquire Versum for $53 per share, and that

Versum Materials Files Investor Presentation and Sends Letter to Shareholders
04/02/19

Board Urges Shareholders to Vote White Proxy Card “FOR” Merger Agreement Between Versum and Entegris TEMPE, Ariz. --(BUSINESS WIRE)--Apr. 2, 2019-- Versum Materials, Inc. (NYSE: VSM) today announced the filing of an investor presentation with the Securities and Exchange Commission ( SEC ), and that

Versum Materials’ Board of Directors Rejects Unsolicited Tender Offer from Merck KGaA
03/29/19

Urges Stockholders Not to Tender Their Shares Determines to Engage in Discussions with Merck TEMPE, Ariz. --(BUSINESS WIRE)--Mar. 29, 2019-- Versum Materials, Inc. (NYSE: VSM) today announced that its board of directors (the “Versum Board”), after careful consideration and consultation with its

Versum Materials’ Board of Directors to Review Unsolicited Tender Offer from Merck KGaA
03/26/19

Shareholders Advised to Not Take Action Pending Review TEMPE, Ariz. --(BUSINESS WIRE)--Mar. 26, 2019-- Versum Materials, Inc. (NYSE: VSM) today confirmed that Merck KGaA (“Merck”) has commenced an unsolicited tender offer to acquire all outstanding shares of Versum for $48 per share in cash.

Versum Materials Announces Filing and Mailing of Definitive Proxy Statement in Connection with Proposed Merger with Entegris
03/21/19

Schedules April 26, 2019 Special Meeting of Stockholders to Vote on Transaction TEMPE, Ariz. --(BUSINESS WIRE)--Mar. 21, 2019-- Versum Materials, Inc. (NYSE:VSM), a leading specialty materials supplier to the semiconductor industry, today announced the filing of its definitive proxy materials with

Entegris and Versum Materials Announce Expiration of HSR Act Waiting Period
03/11/19

BILLERICA, Mass. & TEMPE, Ariz. --(BUSINESS WIRE)--Mar. 11, 2019-- Entegris, Inc. (NASDAQ:ENTG), a leader in specialty chemicals and advanced materials solutions for the microelectronics industry, and Versum Materials, Inc. (NYSE:VSM), a leading specialty materials supplier to the semiconductor

Versum Materials and Entegris Issue Open Letter to Shareholders of Both Companies
03/08/19

Reiterates Powerful Value-Creation Potential and Compelling Strategic Benefits of Merger of Equals Announces Additional $50 million in Cost Synergies Expected for Total of More than $125 million and Significant Revenue Synergy Upside Significant Balance Sheet Flexibility for Return of Capital

Versum Materials Board Comments on Merck KGaA Letter
03/08/19

TEMPE, Ariz. --(BUSINESS WIRE)--Mar. 8, 2019-- The Board of Directors of Versum Materials, Inc. (NYSE: VSM), a leading specialty materials supplier to the semiconductor industry, today issued the following statement reiterating its decision to reject Merck KGaA’s (“Merck”) unsolicited and

Versum Materials Board of Directors Rejects Unsolicited Proposal from Merck KGaA
03/01/19

Merck KGaA Proposal Is Not Superior Proposal Reaffirms Board’s Recommendation in Support of Entegris Transaction TEMPE, Ariz. --(BUSINESS WIRE)--Mar. 1, 2019-- Versum Materials, Inc. (NYSE: VSM), a leading specialty materials supplier to the semiconductor industry, today announced that its Board of

Versum Materials Adopts Limited Duration Shareholder Rights Plan
02/28/19

TEMPE, Ariz. --(BUSINESS WIRE)--Feb. 28, 2019-- Versum Materials, Inc. (NYSE: VSM), a leading specialty materials supplier to the semiconductor industry, today announced that its Board has adopted a limited duration Shareholder Rights Plan, details of which will be contained in a Form 8-K to be

Versum Materials Responds to Unsolicited Proposal from Merck KGaA
02/27/19

TEMPE, Ariz. --(BUSINESS WIRE)--Feb. 27, 2019-- Versum Materials, Inc. (NYSE: VSM), a leading specialty materials supplier to the semiconductor industry, today issued the following statement in response to the unsolicited proposal by Merck KGaA to acquire Versum for $48.00 per share in cash.

Versum Materials Reports Solid Fiscal First Quarter 2019 Financial Results
02/04/19

Updates Fiscal Year 2019 Guidance Fiscal First Quarter 2019 Financial Highlights Versus Fiscal First Quarter 2018 Sales of $340 million , up 3% Net Income of $61 million , or diluted EPS of $0.56 Adjusted EBITDA of $110 million , up 7% Advanced Materials continues double-digit volume growth Key

Versum Materials Declares Quarterly Cash Dividend
01/29/19

TEMPE, Ariz. --(BUSINESS WIRE)--Jan. 29, 2019-- Versum Materials, Inc. (NYSE:VSM), a leading global specialty materials supplier to the semiconductor industry, today announced that its Board of Directors has declared a quarterly cash dividend of $0.08 per share.

Versum Materials Announces Preliminary First Quarter Results
01/28/19

TEMPE, Ariz. --(BUSINESS WIRE)--Jan. 28, 2019-- Versum Materials, Inc. (NYSE:VSM), a leading specialty materials and equipment supplier to the semiconductor industry, announced certain preliminary unaudited financial results for the fiscal first quarter ended December 31, 2018 .

Entegris and Versum Materials to Combine in $9 Billion Merger of Equals to Create A Premier Specialty Materials Company
01/28/19

Highly Complementary and Diversified Portfolio – the Most Comprehensive in the Industry Poised to Take Advantage of Industry Technology Roadmap Through World Class Technological Capabilities Results in Financial Strength and Flexibility with Pro Forma Sales of Approximately $3 Billion and Adjusted

Versum Materials Announces First Quarter Fiscal 2019 Earnings Conference Call
01/22/19

TEMPE, Ariz. --(BUSINESS WIRE)--Jan. 22, 2019-- Versum Materials, Inc. (NYSE: VSM), will host a conference call and webcast to discuss results for its first quarter ended December 31, 2018 , on Monday, February 4, 2019 , at 4:30 p.m. Eastern Time . The Company will issue a press release reporting