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Merck KGaA (MRCG.DE)

MRCG.DE on Xetra

93.78EUR
18 Apr 2019
Change (% chg)

€-1.14 (-1.20%)
Prev Close
€94.92
Open
€94.70
Day's High
€94.98
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€93.46
Volume
684,754
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549,448
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€102.90
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Fri, Apr 12 2019

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Merck KGaA clinches $6.5 billion Versum takeover in bet on electrochemicals

FRANKFURT Germany's Merck KGaA sealed a $6.5 billion (4.9 billion pounds) takeover deal with Versum Materials after overturning a deal it had agreed with rival bidder Entegris.

Merck KGaA clinches $6.5 billion Versum takeover in bet on electrochemicals

FRANKFURT Germany's Merck KGaA sealed a $6.5 billion takeover deal with Versum Materials after overturning a deal it had agreed with rival bidder Entegris.

UPDATE 1-Merck KGaA clinches $6.5 bln Versum takeover in bet on electrochemicals

* To fund deal with cash on hand, debt (Releads, adds background)

Merck KGaA agrees $6.5 bln takeover of Versum

FRANKFURT, April 12 Germany's Merck KGaA said it signed a takeover agreement with target Versum Materials for a price of $53 per share after Versum walked away from a prior merger agreement with rival Entegris .

Merck KGaA wins Versum's support for sweetened $6.5 billion offer

FRANKFURT Merck KGaA won the backing of Versum's board for a sweetened $6.5 billion takeover proposal, overturning an agreed merger with rival Entegris as it bets on a recovery in electronic materials markets.

Merck KGaA wins Versum's support for sweetened $6.5 billion offer

FRANKFURT Merck KGaA won the backing of Versum's board for a sweetened $6.5 billion (4.98 billion pounds) takeover proposal, overturning an agreed merger with rival Entegris as it bets on a recovery in electronic materials markets.

UPDATE 2-Merck KGaA wins Versum's support for sweetened $6.5 bln offer

* Consolidation move in the semiconductor materials market (Adds Entegris comment, Merck deal logic)

Merck KGaA raises offer for Versum Materials to $53 per share

April 8 Versum Materials Inc said on Monday that Merck KGaA had raised its offer for the company to $53 per share from $48.

UPDATE 1-German stocks - Factors to watch on April 1

BERLIN/FRANKFURT, April 1 The following are some of the factors that may move German stocks on Monday:

Versum opens books, begins to warm to rival suitor Merck KGaA

Versum Materials Inc has opened its books to suitor Merck KGaA, saying the German group's unsolicited $5.9 billion (£4.54 billion) offer might be sweetened and could edge out an agreed merger with Entegris.

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