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Chip equipment maker ASMPT draws takeover interest, sources say

Bloomberg
Bloomberg • 2 min read
Chip equipment maker ASMPT draws takeover interest, sources say
Founded in 1975, Singapore-headquartered ASMPT has more than 12,000 employees and operates in over 30 countries. Photo: Bloomberg
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ASMPT Ltd., a semiconductor and electronics equipment maker, is attracting takeover interest from private equity firms, people with knowledge of the matter said.

Alternative investment firm PAG is among those that have expressed interest in taking the Hong Kong-listed company private, said the people, who asked not to be identified discussing confidential information. PAG has sounded out several lenders about financing the potential deal, the people said.

Deliberations are at an early stage and there’s no certainty that they will result in a transaction, the people said. A representative for PAG declined to comment, while a representative for ASMPT didn’t immediately respond to requests for comment.

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