M&A
confidence high
sentiment neutral
materiality 0.70
Entegris closes $700M sale of Electronic Chemicals business to Fujifilm
ENTEGRIS INC
- Sale completed on October 2, 2023 for $700M in cash, subject to customary adjustments.
- Business was part of the APS division, acquired via CMC Materials in July 2022.
- Proceeds will be used for debt paydown.
- Originally announced on May 10, 2023; closing streamlines Entegris' post-CMC portfolio.