06:45 AM EDT, 10/02/2024 (MT Newswires) -- KKR & Co ( KKR ) has made a non-binding, preliminary approach to take the $5 billion Hong Kong-listed ASMPT private, Bloomberg News reported Wednesday, citing people familiar with the matter.

ASMPT makes semiconductor and electronics equipment and operates in more than 30 countries, according to the report.

Considerations are at an early stage and may not lead to a transaction, the sources told Bloomberg, adding that ASMPT may also attract takeover interest from other companies as it has in the past.

KKR declined to comment, while ASMPT did not immediately respond to MT Newswires' request for comment on the matter.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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