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ASM informs the market about ASMPT ceasing possible privatization talks
Avino Silver & Gold Mines .Avino Silver & Gold Mines .(US:ASM) GlobeNewswire News Roomยท2024-11-12 17:00

Core Viewpoint - ASM International N.V. announced that ASMPT, in which it holds approximately 25% of shares, has ceased discussions regarding a potential privatization [1][2]. Group 1: Company Information - ASMPT Ltd. received a preliminary non-binding approach from an independent third party regarding a possible privatization on October 14, 2024 [2]. - ASM International is headquartered in Almere, the Netherlands, and specializes in designing and manufacturing equipment and process solutions for semiconductor device production [2]. Group 2: Market Impact - The cessation of discussions regarding privatization may impact ASM International's strategic positioning and investment outlook in the semiconductor industry [1][2].