ASM International NV (ASMI.AS)
26 May 2017
BRIEF-ASM Pacific Technology says controlling shareholder of Co to sell stake of 20 mln shares of co
* ASM International N.V., controlling shareholder of Co made announcement to sell stake of 20 million shares of Co Source text: [http://bit.ly/2pcEtZk] Further company coverage:
HONG KONG, April 24 Dutch semiconductor equipment supplier ASM International said on Monday it plans to reduce its stake in Asian affiliate ASM Pacific Technology Ltd in a deal that may be worth up to $277 million, according to a term sheet seen by Reuters.
* Announces that it intends to sell a stake of 20 million shares of total outstanding share capital in ASM Pacific Technology Ltd (ASMPT) through a partial secondary share placement
* Q1 new orders is 204.2 million euros ($219.4 million) versus 180 million euros in Reuters poll
* Q4 new orders 176.9 million euros ($185.9 million) versus 143 million euros in Reuters poll