MKS Instruments, Inc.

-5.50 (-3.44%)
Debt Financing / Related, Other Pre-Announcement

Mks Instruments To Acquire Atotech

Published: 07/01/2021 10:17 GMT
MKS Instruments, Inc. (MKSI) - Mks Instruments to Acquire Atotech.
Mks Instruments Inc - Equity Value of Transaction is $5.1 Billion.
Mks Instruments Inc - Enterprise Value of Transaction is Approximately $6.5 Billion.
Mks Instruments Inc - Transaction Expected to Be Accretive to Non-GAAP Net Earnings per Share Within First Year.
Mks Instruments Inc - Mks Expects to Realize $50 Million in Annualized Cost Synergies Within 18 to 36 Months.
Mks Instruments Inc - Mks Will Acquire Atotech for $16.20 in Cash and 0.0552 of a Share of Mks Common Stock for Each Atotech Common Share.
Mks Instruments Inc - Mks Intends to Fund Cash Portion of Transaction With a Combination of Available Cash on Hand and Committed Debt Financing.
Mks Instruments Inc - Has Obtained Commitment to Replace $100 Million Asset-based Revolving Credit Facility With $500 Million Revolving Credit Facility.