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BRIEF-Mks Instruments Announces Agreement To Acquire Photon Control

05/10/2021 09:40
BRIEF-Mks Instruments Announces Agreement To Acquire Photon Control

- MKS Instruments Inc MKSI.O:

  • MKS INSTRUMENTS ANNOUNCES AGREEMENT TO ACQUIRE PHOTON CONTROL

  • MKS INSTRUMENTS INC - DEAL FOR  CAD$3.60 PER SHARE, IN AN ALL-CASH

  • MKS INSTRUMENTS INC - TRANSACTION VALUED AT APPROXIMATELY CAD$387 MILLION, WITH AN ESTIMATED ENTERPRISE VALUE OF CAD$343 MILLION

  • MKS INSTRUMENTS INC - TRANSACTION IS EXPECTED TO BE ACCRETIVE TO MKS' NON-GAAP NET EARNINGS WITHIN  FIRST 12 MONTHS POST-CLOSING

Source text for Eikon: ID:nGNX8XJrWt

Further company coverage: MKSI.O


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