ANDOVER, Mass., July 15, 2021 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI) (MKS), a global provider of technologies that enable advanced processes and improve productivity, today announced the completion of its previously announced acquisition of Photon Control Inc. (TSX:PHO).
VANCOUVER, British Columbia, July 15, 2021 (GLOBE NEWSWIRE) -- Photon Control Inc. ( Photon Control or the Company ) (TSX: PHO), a leading developer and supplier of optical measurement technologies and systems, is pleased to announce that it has completed its previously announced plan of arrangement (the Arrangement ) with MKS Instruments, Inc. ( MKS ). Under the Arrangement, MKS, through its wholly-owned subsidiary 1302998 B.C. Ltd. ( B.C. Ltd. ), has acquired all of the issued and outstanding shares (the Shares ) of Photon Control in exchange for $3.60 in cash per Share, without interest and less applicable withholding taxes (the Consideration ). As a result of the Arrangement, Photon Control has become a wholly-owned subsidiary of B.C. Ltd.
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ANDOVER, Mass., July 12, 2021 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of technologies that enable advanced processes and improve productivity, today announced that the Company will release second quarter 2021 financial results after market close on Wednesday, July 28, 2021. A conference call with management will be held on Thursday, July 29, 2021 at 8:30 a.m. (Eastern Time). To participate in the conference call, please dial (877) 212-6076 for domestic callers and (707) 287-9331 for international callers, and an operator will connect you. Participants will need to provide the operator with the Conference ID of 1346544, which has been reserved for this call. Participants are asked to dial in at least 15 minutes in advance to ensure a timely connection to the call. A live and archived webcast of the call will be available on the companys website at www.mksinst.com .
Rating Action: Moody''s places Atotech''s ratings on review for upgrade on announced bid by MKS Instruments Read the full article at Moody''s
VANCOUVER, British Columbia, July 05, 2021 (GLOBE NEWSWIRE) -- Photon Control Inc. ( Photon Control or the Company ) (TSX: PHO), a leading developer and supplier of optical measurement technologies and systems, is pleased to announce that it has obtained a final order from the Supreme Court of British Columbia approving the previously announced plan of arrangement (the Arrangement ) with MKS Instruments, Inc. ( MKS ), pursuant to which MKS, through its wholly-owned subsidiary 1302998 B.C. Ltd. ( B.C. Ltd. ), will acquire all of the issued and outstanding shares of Photon Control in an all-cash transaction (the Transaction ) valued at approximately $387 million.
Looking into the current session, MKS Instruments Inc. (NASDAQ: MKSI ) is trading at $170.29, after a 0.28% decrease. Over the past month, the stock decreased by 8.67%, but over the past year, it actually went up by 46.68%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company''s price-to-earnings ratio. Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher share price. The stock is currently under from its 52 Full story available on Benzinga.com
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Rating Action: Moody''s reviews MKS Instruments'' ratings for downgrade on announced bid for Atotech Vollständigen Artikel bei Moodys lesen
NEW YORK - Stocks that traded heavily or had substantial price changes Thursday: MGM Resorts International, up 87 cents to $43.52. The casino and hotel operator is buying the
By Akanksha Rana, Krystal Hu 3 Min Read (Reuters) -Semiconductor equipment maker MKS Instruments Inc said on Thursday it will View post on CompanyNewsHQ : MKS Instruments to buy Atotech for $5.1 billion to expand chipmaking offerings
Stocks that traded heavily or had substantial price changes Thursday: Halliburton, MGM rise; MKS Instruments, Gap fall
The deal, expected to close by the fourth quarter, comes after a long streak of Massachusetts-based companies inking agreements to be acquired in the first six months of 2021.
HOUSTON (ICIS)--US-based MKS Instruments will acquire German-headquartered process chemicals technology company Atotech for $5.1bn in cash and stock, the companies announced on Thursday. The
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