We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Applied Materials Inc | NASDAQ:AMAT | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
4.76 | 2.45% | 198.75 | 198.12 | 199.89 | 198.475 | 193.28 | 196.26 | 3,542,053 | 00:12:50 |
By Chris Wack
Applied Materials Inc. (AMAT) said Monday that it is buying Kokusai Electric Corp. for $2.2 billion in cash from global investment firm KKR & Co. (KKR).
Applied Materials said in a release that, following the close of the transaction, Kokusai Electric will operate as a business unit of its Semiconductor Products Group and continue to be based in Tokyo.
Applied Materials said the acquisition is expected to be immediately accretive to its adjusted earnings per share at close.
Applied Materials expects to finance the transaction using a combination of balance sheet cash and a term loan facility. The transaction is expected to close within 12 months.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
July 01, 2019 06:29 ET (10:29 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Applied Materials Chart |
1 Month Applied Materials Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions