VSM - Versum Materials, Inc.

NYSE - NYSE Delayed Price. Currency in USD
52.00
+0.02 (+0.04%)
At close: 4:02PM EDT
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Previous Close51.98
Open52.00
Bid51.85 x 1800
Ask52.00 x 900
Day's Range51.94 - 52.03
52 Week Range25.02 - 52.10
Volume1,653,744
Avg. Volume2,316,732
Market Cap5.68B
Beta (3Y Monthly)2.11
PE Ratio (TTM)23.74
EPS (TTM)2.19
Earnings DateFeb 12, 2018 - Feb 16, 2018
Forward Dividend & Yield0.32 (0.65%)
Ex-Dividend Date2019-02-11
1y Target Est49.40
Trade prices are not sourced from all markets
  • GuruFocus.com2 days ago

    Keeley Funds Comments on Versum Materials

    Guru stock highlight

  • Moody's4 days ago

    EMD FINANCE LLC -- Moody's affirms Merck KGaA's ratings; stable outlook

    NOTE: On April 17, 2019, the press release was corrected as follows: In the third sentence, the description of the affirmed rating was changed to “short term issuer rating.” Revised release follows. Paris, April 16, 2019 -- Moody's Investors Service, ("Moody's") has today affirmed Merck KGaA's ('Merck') issuer rating, senior unsecured Medium Term Note and subordinated ratings at Baa1, (P)Baa1 and Baa3 respectively.

  • Buyout of Tempe's Versum Materials by German company moves forward
    American City Business Journals4 days ago

    Buyout of Tempe's Versum Materials by German company moves forward

    The companies have inked their definitive merger agreement, and regulatory filings show that several more Versum executives will be eligible to receive hefty bonuses after the deal is consummated.

  • GlobeNewswire5 days ago

    Versum (VSM) Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Versum Materials, Inc. is Fair to Versum Shareholders – VSM

    Halper Sadeh LLP, a global investor rights law firm, announces it is investigating whether the sale of Versum Materials, Inc. (“Versum” or the “Company”) (VSM) to Merck KGaA (“Merck”) is fair to Versum shareholders. If you are a Versum shareholder and would like to discuss your legal rights and options, please visit Versum (VSM) Merger Investigation or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

  • ACCESSWIRE5 days ago

    SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of Versum Materials, Inc. to Merck KGaA, Darmstadt, Germany is Fair to Shareholders

    NEW YORK, NY / ACCESSWIRE / April 15, 2019 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Versum Materials, Inc. ("Versum" or the ...

  • Benzinga9 days ago

    Merck KGaA Signs Versum Buyout Deal; Entegris Receives Termination Payment

    The business combination received unanimous approval from the boards of the German pharmaceutical company and Versum, Merck said in a Friday press release. Versum is a supplier of process chemicals, gases and semiconductor manufacturing equipment.

  • Reuters9 days ago

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

    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. A bet on a recovery in electronic materials markets for semiconductor makers, the transaction will boost the share of profit that diversified Merck derives from high-tech chemicals to 27 percent from 19 percent previously. Merck, also maker of pharmaceuticals and biotech production gear, this week won the backing of Versum's board for its $53-per-share offer, lifted from $48 previously, having been spurned for weeks.

  • MarketWatch9 days ago

    Merck KGaA to buy Versum in all-cash deal valued at 5.8 billion euros

    Merck KGaA said Friday it has signed a definitive agreement to acquire Versum Materials Inc. in a deal with an enterprise value of 5.8 billion euros ($6.6 billion). Merck will pay $53 per Versum share in cash to create a top supplier of high-purity process chemicals, gases and equipment for semiconductor manufacturing, the company said in a statement. The deal is expected to immediately boost Merck's per-share earnings and to close in the second half. Versum's board has terminated its merger agreement with Entegris Inc. on the grounds that the Merck offer is superior. The deal will be financed with cash on hand and debt via a facilities agreement with Bank of America Merrill Lynch, BNP Paribas Fortis and Deutsche Bank AG. Merck is determined to maintain its strong investment grade rating, it said in a statement. Versum shares were slightly higher premarket, but have gained 38% in the past 12 months, while the S&P 500 has gained 8%.

  • Business Wire9 days ago

    Merck KGaA, Darmstadt, Germany, Signs Definitive Agreement to Acquire Versum Materials for $53 per Share

    Merck KGaA, Darmstadt, Germany, a leading science and technology company, has signed a definitive agreement to acquire Versum Materials, Inc. (VSM) for $53 per share in cash. The business combination has been unanimously approved by the Executive Board of Merck KGaA, Darmstadt, Germany and by Versum’s Board of Directors.

  • Tempe's Versum Materials wants out of merger deal after German company boosts buyout offer
    American City Business Journals11 days ago

    Tempe's Versum Materials wants out of merger deal after German company boosts buyout offer

    After last-minute whirlwind trans-Atlantic negotiations, Tempe's Versum Materials Inc. has said it wants to pull out of a deal to merge with a U.S. company in order to be acquired by a much larger German corporation.

  • Moody's11 days ago

    Versum Materials, Inc. -- Moody's says revised proposal from Merck KGaA is credit positive for Versum

    Announcement: Moody's says revised proposal from Merck KGaA is credit positive for Versum. Global Credit Research- 09 Apr 2019. New York, April 09, 2019-- Moody's Investors Service commented on the announcement ...

  • Markit12 days ago

    See what the IHS Markit Score report has to say about Versum Materials Inc.

    Versum Materials Inc NYSE:VSMView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for VSM with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting VSM. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding VSM are favorable with net inflows of $71.21 billion. This was the highest net inflow seen over the last one-year.Error parsing the SmartText Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Basic Materialsis falling. The rate of decline is significant relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Benzinga12 days ago

    Versum Materials Says Revised Merck KGaA Buyout Proposal 'Superior' To Entegris Offer

    Versum Materials, Inc . (NYSE: VSM ) announced Monday that it received a revised proposal from Merck KGaA to acquire Versum for $53 per share, up from Merck's prior $48-per-share proposal on Feb. 27.  ...

  • Merck KGaA wins Versum's support for sweetened $6.5 billion offer
    Reuters13 days ago

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

    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. "This proposal constitutes a 'Superior Proposal' as defined in Versum's previously announced merger agreement with Entegris, Inc.," Versum said in a statement on Monday. On a per share basis, Germany's Merck offered $53, up from $48 previously, after reviewing business data and following meetings between Merck Chief Executive Stefan Oschmann and Versum Chairman Seifi Ghasemi, filings showed.

  • Business Wire13 days ago

    Entegris Issues Statement

    Entegris has considered its options and does not currently intend to propose to revise the terms of the Entegris-Versum merger of equals. Entegris is a leader in specialty chemicals and advanced materials solutions for the microelectronics industry and other high-tech industries. Entegris is ISO 9001 certified and has manufacturing, customer service and/or research facilities in the United States, China, France, Germany, Israel, Japan, Malaysia, Singapore, South Korea and Taiwan.

  • Business Wire13 days ago

    Versum Materials Receives Revised Proposal from Merck KGaA; Board Determines Revised Offer Constitutes a “Superior Proposal” to Entegris Transaction

    Versum Materials, Inc. (VSM) today announced that it has received a revised proposal from Merck KGaA, Darmstadt, Germany (“Merck”) to acquire Versum for $53 per share, and that Versum’s Board of Directors, in consultation with its legal and financial advisors, has unanimously determined that this proposal constitutes a “Superior Proposal” as defined in Versum’s previously announced merger agreement with Entegris, Inc. (ENTG). Under the terms of Merck’s revised proposal, Merck would acquire all of the outstanding shares of common stock of Versum for $53 per share in cash, an increase from the previously announced $48 per share proposal made by Merck on February 27, 2019.

  • ACCESSWIRE14 days ago

    VSM ALERT: Monteverde & Associates PC Encourages Versum Materials, Inc. Shareholders to Contact the Firm

    NEW YORK, NY / ACCESSWIRE / April 6, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire StateBuilding in New York ...

  • Business Wire19 days ago

    Versum Materials Files Investor Presentation and Sends Letter to Shareholders

    Versum Materials, Inc. (VSM) today announced the filing of an investor presentation with the Securities and Exchange Commission (SEC), and that the Versum Board of Directors sent a letter to Versum shareholders regarding the previously announced definitive merger agreement with Entegris, Inc. (ENTG), urging shareholders to vote the WHITE proxy card “FOR” the merger agreement with Entegris at the Special Meeting of Stockholders on April 26, 2019.

  • Tempe's Versum Materials taking closer look at German company's buyout offer
    American City Business Journals22 days ago

    Tempe's Versum Materials taking closer look at German company's buyout offer

    Though Versum has said its board rejects a hostile takeover bid by Merck KGaA, company officials are continuing negotiations with the German suitor.

  • Reuters22 days ago

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

    "Merck’s proposal could reasonably be expected to result in a superior proposal," Versum, a maker of chemicals for the semiconductor industry, cited its board as saying in a statement on Friday. The board "has authorized Versum's management and its advisers to engage in further discussions with, and provide non-public information to, Merck," the statement added.

  • Business Wire23 days ago

    Entegris Comments on Versum Materials Announcement

    Entegris, Inc. (ENTG), a leader in specialty chemicals and advanced materials solutions for the microelectronics industry, today commented on Versum Materials’ (VSM) (“Versum”) announcement that it has rejected Merck KGaA’s (“Merck”) unsolicited tender offer to acquire all outstanding shares of Versum for $48 per share in cash and that the Versum Board of Directors continues to recommend the previously announced proposed merger-of-equals between Versum and Entegris.

  • Reuters23 days ago

    Merck KGaA welcomes Versum's decision to talk, keeps tender going

    FRANKFURT (Reuters) - Merck KGaA on Friday welcomed Versum Materials to the negotiation table after the takeover target said it was willing to hold talks over Merck's unsolicited offer. "We welcome ...

  • Business Wire23 days ago

    Versum Materials’ Board of Directors Rejects Unsolicited Tender Offer from Merck KGaA

    Versum Materials, Inc. (VSM) today announced that its board of directors (the “Versum Board”), after careful consideration and consultation with its financial and legal advisors, unanimously determined to reject the unsolicited tender offer from Merck KGaA (“Merck”) to acquire all outstanding shares of Versum for $48 per share in cash (the “Offer”). The Versum Board determined that the Offer is not in the best interests of Versum or its stockholders. Accordingly, the Versum Board recommends that Versum stockholders reject the Offer and not tender their shares into the Offer.

  • Battle of the green and white proxy cards: Merck ups the ante to buy Tempe's Versum
    American City Business Journals25 days ago

    Battle of the green and white proxy cards: Merck ups the ante to buy Tempe's Versum

    Versum announced in January it planned to merge with Entegris Inc. in a deal that would move the company’s headquarters out of Tempe into Entegris’ offices in Massachusetts.

  • Merck KGaA goes hostile in $5.9 billion Versum takeover battle
    Reuters25 days ago

    Merck KGaA goes hostile in $5.9 billion Versum takeover battle

    German pharma group Merck KGaA launched a hostile $5.9 billion (£4.5 billion) all-cash takeover offer for Versum Materials on Tuesday to boost its presence in the semiconductor materials market and sideline a rival bidder. Versum, the former speciality chemicals division of industrial gases group Air Products, has been opposed to Merck's unsolicited cash offer since it was first proposed last month, saying it was committed to an all-share merger with U.S. rival Entegris agreed in January. Merck kept its offer price unchanged at $48 per share on Tuesday.