ASML Holding NV, a lithography systems provider based in the Netherlands, has been given approval by US antitrust authorities for its $2.53 billion acquisition of lithography light supplier Cymer Inc., based in the US. The deal, announced last October, has yet to receive clearance within South Korea and Japan. The deal is part of a plan for the two companies to increase their presence within the extreme ultraviolet semiconductor lithography sector; the technology is used in the manufacturing process of microchips. Reports say ASML plans to pay $20 in cash and 1.1502 own ordinary shares per each Cymer share.
Full Content: ElectroIQ
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