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Slide #19. Entegris, Inc. — ATMI
Entegris, Inc. (NASDAQ:ENTG)
Entegris, Inc. (Nasdaq:ENTG) today announced that it intends to raise $360 million in gross proceeds through an offering of senior unsecured notes due 2022. The net proceeds from the notes offering will be used to fund a portion of the purchase price for Entegris' previously announced proposed acquisition of ATMI, Inc. The consummation of the notes offering is subject to market and other conditions.
Entegris is a developer, manufacturer and supplier of microcontamination control products, chemicals and materials handling solutions for manufacturing processes in the semiconductor and other industries. Co. has three segments: Specialty Chemicals and Engineered Materials, which provides process chemistries, gases, and materials; Microcontamination Control, which provides solutions to filter and purify liquid chemistries and gases used in semiconductor manufacturing processes and other industries; and Advanced Materials Handling segment, which develops solutions to monitor, protect, transport, and deliver liquid chemistries, wafers and substrates.
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Buy (2.83 out of 4)