KKR & Co. Inc.

NYSE:KKR   3:59:56 PM EDT
73.56
+0.44 (+0.60%)
4:00:00 PM EDT: $73.53 -0.03 (-0.04%)
Regulatory, Mergers / Acquisitions

Applied Materials Announces Termination Of Kokusai Electric Acquisition Agreement

Published: 03/29/2021 11:45 GMT
KKR & Co. Inc. (KKR) - 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.