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Chip gear maker ASMPT gets takeover bid
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Chip gear maker ASMPT gets takeover bid
Oct 17, 2024 2:34 PM

Oct 14 (Reuters) - Hong Kong-listed chip equipment maker

ASMPT ( ASMVF ) said on Monday that it has received a takeover

bid, but did not name the potential acquirer nor give any

financial details.

ASMPT ( ASMVF ) -- valued at about HK$38 billion ($4.90 billion), per

LSEG data -- said the discussions were at an early stage and

that it had not reached any agreement.

KKR was considering a takeover bid for ASMPT ( ASMVF ), which

had also attracted takeover interest from investment firms and

industry players in Asia, Bloomberg News had reported earlier

this month, citing people familiar with the matter.

Singapore-headquartered ASMPT ( ASMVF ) is present in more than 30

countries and has about 10,800 employees, according to its

website.

($1 = 7.7658 Hong Kong dollars)

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