The German company strikes back: Merck wins takeover battle for Versum

Merck KAaG [ETR:MRK] – market cap as of 28/04/2019: €12.29bn ($13.77bn) Versum Materials Inc. [NYSE:VSM] – market cap as of 28/04/2019: $5.68bn (pre-announcement undisturbed value: $3.28bn) Intro On April 12th the German Chem-tech company Merck KAaG signed the definite agreement to buy the American special materials company Versum in an all-cash transaction. The price tag […]