ASML: all conditions met to close Carl Zeiss SMT deal.
(CercleFinance.com) - ASML has obtained all the necessary regulatory approvals to complete the acquisition of a 24.
9% minority stake in Carl Zeiss SMT, the semiconductor unit of German technology group Carl Zeiss.
The semiconductor maker supplier said it has obtained merger clearance from the German Federal Cartel Office (Bundeskartellamt), the Korea Fair Trade Commission and the Ministry of Commerce of the People's Republic of China.
ASML now expects to close the transaction before the end of second quarter.
The transaction was originally announced in November 2016.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
9% minority stake in Carl Zeiss SMT, the semiconductor unit of German technology group Carl Zeiss.
The semiconductor maker supplier said it has obtained merger clearance from the German Federal Cartel Office (Bundeskartellamt), the Korea Fair Trade Commission and the Ministry of Commerce of the People's Republic of China.
ASML now expects to close the transaction before the end of second quarter.
The transaction was originally announced in November 2016.
Copyright (c) 2017 CercleFinance.com. All rights reserved.