Home Kripto KKR Explores Potential Takeover Bid for Chip Equipment Maker ASMPT
Kripto

KKR Explores Potential Takeover Bid for Chip Equipment Maker ASMPT

U.S. private equity firm KKR is reportedly considering a takeover bid for ASMPT, a Hong Kong-listed chip equipment maker. The report, initially shared by Bloomberg News, cites sources familiar with the situation. ASMPT is valued at approximately HK$39.39 billion ($5.07 billion), based on LSEG data. KKR has made a non-binding, preliminary approach to take the company private, marking an early step in the potential acquisition process.

ASMPT, headquartered in Singapore, operates in more than 30 countries with around 10,800 employees globally. The company has also caught the attention of various investment firms and industry players from Asia. Additionally, Dutch chip equipment maker ASM International, which holds a 25% stake in ASMPT, has faced pressure from activist investors in the past to sell its shares. The report notes that ASM International’s stake could be a factor in the broader strategic interest in the company.

Related Articles

Zoom Quest App Turns Users into Meta Avatars, Promotes VR Video Calls
Kripto

Zoom Quest App Turns Users into Meta Avatars, Promotes VR Video Calls

Zoom’s newest update for the Quest platform introduces a fresh way for...

AirPods iOS 26 Update Brings Studio-Quality Recording and More, Some Features Require H2 Chip
Kripto

AirPods iOS 26 Update Brings Studio-Quality Recording and More, Some Features Require H2 Chip

Apple’s AirPods will receive a significant upgrade with the iOS 26 update...

Apple Announces COO Jeff Williams to Retire Later This Year
Kripto

Apple Announces COO Jeff Williams to Retire Later This Year

Apple announced Tuesday that Jeff Williams, its Chief Operating Officer and 27-year...

Trump’s Tariffs to Affect Macs and Apple Watch Within Weeks
Kripto

Trump’s Tariffs to Affect Macs and Apple Watch Within Weeks

Starting August 1, President Donald Trump’s tariffs will apply to Apple products...