M&A
confidence high
sentiment positive
materiality 0.80
MKS Instruments receives China SAMR approval for Atotech acquisition; closing set Aug 17
MKS INC
- Unconditional merger approval from China's State Administration for Market Regulation (SAMR).
- All required regulatory clearances now obtained for the pending acquisition of Atotech.
- Closing anticipated on August 17, 2022, subject to Royal Court of Jersey sanction and customary conditions.
- Consideration: $16.20 cash plus 0.0552 MKS common share per Atotech share.
- Deal announced July 1, 2021; total value as of announcement was ~$5.1B.