ASMPT Ends Takeover Talks with Unnamed Buyer

Reported 30 days ago

Chip equipment manufacturer ASMPT announced the cessation of its takeover discussions with a potential buyer, following a bid received last month. Despite initial interest, particularly from KKR & Co., talks faltered due to regulatory and geopolitical uncertainties surrounding U.S. investments in China. ASMPT's shares, which rose after the news of the takeover bid, have since fallen significantly.

Source: YAHOO

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