Applied Materials Inc.

NASDAQ:AMAT   11:45:08 AM EDT
117.70
-5.85 (-4.74%)
Regulatory, Mergers / Acquisitions

Applied Materials Announces Termination Of Kokusai Electric Acquisition Agreement

Published: 03/29/2021 11:45 GMT
Applied Materials Inc. (AMAT) - Applied Materials Announces Termination of Kokusai Electric Acquisition Agreement.
Applied Materials Inc - Amended Kokusai Electric Corporation Share Purchase Agreement With Kkr Hke Investment Lp Terminated As of March 19, 2021.
Applied Materials Inc - Applied is Paying Kkr a Termination Fee of $154 Million in Cash.
Applied Materials - Kokusai Electric Acquisition Agreement Terminated As Co Did Not Receive Confirmation of Timely Approval From Regulator in China.