Entegris sells Electronic Chemicals business to Fujifilm for $700M cash

ENTEGRIS INC

Cash purchase price of $700 million, subject to customary working capital and other adjustments.
Transaction expected to close by end of 2023, pending regulatory approvals and closing conditions.
Business had pro-forma sales of approximately $360 million in 2022; acquired with CMC Materials in July 2022.
Proceeds will be used to accelerate debt paydown following the CMC acquisition.
Sale aligns with Entegris' focus on core capabilities and long-term strategic value.

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