# Merck signs definitive agreement to acquire Versum Materials for $5.9B

Merck has signed a definitive agreement to acquire Versum Materials, Inc. for $53 per share in cash, creating a leading electronic materials player for the semiconductor and display industries.

- Type: Acquisition
- Announced: 2019-04-15
- Where: Tempe, Arizona, United States
- Value: $5.90B
- Status: announced
- Products: high-purity process chemicals, gases, equipment for semiconductor manufacturing
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Versum Materials](https://endata.com/companies/1041.md) (target)
- [Merck](https://endata.com/companies/1841.md) (acquirer)

## Sources

- [chemeurope.com](https://www.chemeurope.com/en/news/1160621/merck-signs-definitive-agreement-to-acquire-versum-materials.html), 2019-04-15: "With this transaction, Merck will be optimally positioned to capitalize on long-term growth trends in the electronic materials industry."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.