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ASML Holding NV Announces Agreement To Acquire Cymer, Inc.


Wednesday, 17 Oct 2012 01:30am EDT 

ASML Holding NV and Cymer, Inc. announced that they have entered into a definitive agreement under which ASML will acquire all outstanding shares of Cymer in a cash-and-stock transaction currently valued at EUR1.95 billion. The purpose of the acquisition of Cymer is to accelerate the development of Extreme Ultraviolet (EUV) semiconductor lithography technology. The transaction, which was unanimously approved by the boards of directors of ASML and Cymer, would entitle each Cymer shareholder to receive USD20.00 in cash and a fixed ratio of 1.1502 ASML ordinary shares per Cymer share. The transaction is expected to close in the first half of 2013. 

Company Quote

99.85
0.93 +0.94%
15 Sep 2014