Brief: Entegris And Element Solutions Terminate Distribution Agreement

Element Solutions

05/06/2023 13:38

June 5 (Reuters) - Entegris Inc  ENTG.O :
    * ENTEGRIS AND ELEMENT SOLUTIONS TERMINATE DISTRIBUTION
AGREEMENT
    * ENTEGRIS INC - ENTEGRIS TO RECEIVE $200 MILLION IN
EXCHANGE FOR
ENDING EXCLUSIVE VIAFORM COPPER DAMASCENE PRODUCTS DISTRIBUTION
ARRANGEMENT
    * ENTEGRIS INC - HAS RECEIVED $170 MILLION AT CLOSING AND
REMAINDER WILL BE PAID AT CONCLUSION OF A TRANSITIONARY PERIOD

Source text for Eikon:  ID:nBw6QBLWKa 
Further company coverage:  ENTG.O 

 ((Reuters.Briefs@thomsonreuters.com;))