26 Sep 2013
Applied Materials Merger with Tokyo Electron
Applied Materials Merger with Tokyo Electron - Applied Materials announced a "merger of equals" with Tokyo Electron, in a deal worth nearly USD10bn. The combined manufacturer of equipment used in semiconductor will now be one of the largest in the world. On the day of announcement, Applied Materials share price jumped nearly 6 per cent and echoed the generally positive reception of the news. Under the terms of the deal, Tokyo Electron will receive 3.25 shares of the new company for every Tokyo Electron currently held. (Simpson Thacher advised Applied Materials).
Financial Centre : Tokyo
Law Firm : Simpson Thacher
Lawyer : David A Sneider
Practice Area : Corporate and M&A
Classification : Mergers
Sub-classification :
Industry : Technology Hardware & Equipment
Advised Party : Merger Party
Value USD Equiv : 5000.01-10000.00M
Editorial
26 Sep 2013 Applied Materials Merger with Tokyo Electron
Applied Materials Merger with Tokyo Electron - Applied Materials announced a "merger of equals" with Tokyo Electron, in a deal worth nearly USD10bn. The combined manufacturer of equipment used in semiconductor will now be one of the largest in the world. On the day of announcement, Applied Materials share price jumped nearly 6 per cent and echoed the generally positive reception of the news. Under the terms of the deal, Tokyo Electron will receive 3.25 shares of the new company for every Tokyo Electron currently held. (Simpson Thacher advised Applied Materials).
Financial Centre : Tokyo
Law Firm : Simpson Thacher
Lawyer : David A Sneider
Practice Area : Corporate and M&A
Classification : Mergers
Sub-classification :
Industry : Technology Hardware & Equipment
Advised Party : Merger Party
Value USD Equiv : 5000.01-10000.00M
Merger Party Jurisdictions : United States, Japan