Entegris, Inc. (NASDAQ: ENTG), the supplier of advanced materials and process solutions for the semiconductor and other high-tech industries, and CMC Materials, Inc. (NASDAQ: CCMP), a supplier of consumable materials primarily to semiconductor manufacturers, get antitrust clearance from China’s State Administration for Market Regulations.
The ISO 9001 certified company received the clearance for its previously announced acquisition of CMC Materials. The transaction has now received all required regulatory clearances. Both the companies anticipate to close the transaction on or about July 6, 2022, subject to the satisfaction of the remaining customary closing conditions.
Entegris will acquire CMC Materials in a cash and stock transaction, which was decided on December 15, 2021. The transaction brings together two highly complementary portfolios, creating the industry’s most comprehensive and innovative electronic materials offering.
