Market Overview

ASML To Acquire Cymer For $2.5B

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ASML Holding (NASDAQ: ASML) announced its plans to acquire Cymer (NASDAQ: CYMI) for 1.95 billion euros ($2.5 billion).

ASML also reported its third-quarter net profit at 275 million euros, from a forecast of 278 million euros. Its sales came in at 1.23 billion euros, versus a forecast for 1.2 billion.

ASML shares closed at $53.59 yesterday.

Posted-In: merger and acquisitionEarnings M&A News

 

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