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ASM International N.V. — M&A Activity 2008
Jun 17, 2008
3812_iss_2008-06-17_e280fcaf-7f8f-4bdd-a275-4b361a015d70.pdf
M&A Activity
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ASM International Announces Receipt of Unsolicited Indicative Combined Offer for Front-End Business Activities from Applied Materials, Inc. and Francisco Partners
.V. (NASDAQ: SMI) announces that it has received a combined, unsolicited indicative offer from Applied Materials, Inc. and bined indicative, as previously announced on lasma Enhanced ' indicative offer rnaces. BILTHOVEN, The Netherlands – June 17, 2008 – ASM International N ASMI and Euronext Exchange in Amsterdam: ASM). ASM International (A Francisco Partners to acquire all front-end business activities. In this com non-binding offer, Applied Materials reaffirms its indicative offer 6 June 2008 in respect of the Atomic Layer Deposition (ALD) and P Chemical Vapor Deposition (PECVD) activities, whereas Francisco Partners relates to the remaining front-end activities, including epitaxy and vertical fu
For the purpose of this offer, Francisco Partners has indicated an initial value of the SD 300 million, ial value range of USD 400 million to USD 500 million for the ALD and PECVD activities. remaining front-end business activities in the range of USD 225 million to U whereas Applied Materials has reaffirmed its init
MI's management board and supervisory board will internally discuss the offer ct to the combined AS and its implications. ASMI will determine its initial position with respe offer and make a public announcement thereof in due course.
About ASM
ASM International N.V., headquartered in Bilthoven, the Netherlands, and its subsidiaries design and manufacture equipment and materials used to produce semiconductor devices. ASM International and its subsidiaries provide production solutions for wafer processing (Front-end segment) as well as assembly and packaging (Back-end segment) through facilities in the United States, Europe, Japan and Asia. ASM International's common stock trades on NASDAQ (symbol ASMI) and the Euronext Amsterdam Stock Exchange (symbol ASM). For more information, visit ASMI's web site at www.asm.com .
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Safe Harbor Statement under the U.S. Private Securities Litigation Reform matters discussed in this statement, except for any historical data, are statements. Forward-looking statements involve risks and uncertainties th actual results to differ materially from those in the forward-looking st Act of 1995: All forward-looking at could cause atements. These nductor industry ons, the timing ctors, litigation l and economic itical instability, me with the U.S. Company's reports on Form 20-F and Form 6-K. The Company assumes no obligation nor intends to update or ny forward-looking statements to reflect future developments or circumstances. include, but are not limited to, economic conditions and trends in the semico generally and the timing of the industry cycles specifically, currency fluctuati of significant orders, market acceptance of new products, competitive fa involving intellectual property, shareholder and other issues, commercia disruption due to natural disasters, terrorist activity, armed conflict or pol epidemics and other risks indicated in the Company's filings from time to ti Securities and Exchange Commission, including, but not limited to, the revise a
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Erik Kamerbeek Investor Relations +31 30 229 8500 [email protected]