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Versum Materials, Inc.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2019 10-Q, filed Aug 6, 2019. Its latest SEC filing is a SC 13G/A from Feb 10, 2020.

The sections below describe the company as of the FY2018 annual report.

What Did They Do?

Supplies specialty chemicals and gases, delivery systems, and on-site services to semiconductor and display manufacturers.

Who Were Their Customers?

Semiconductor and display manufacturers, including large global semiconductor companies, buy from Versum’s direct sales force; it also sells directly to original equipment makers.

How Were They Changing?

Since the FY2018 annual report
Latest quarter: Q3 FY2019, the three months to Jun 30, 2019
Revenue
▼ −7%
vs $350M in Q3 FY2018
Net income
▼ Now a loss
vs $63.3M in Q3 FY2018
  • Oct 7, 2019 Merck completed its acquisition of Versum Versum stockholders became entitled to $53.00 in cash per share, and the company’s stock was set to cease trading on the NYSE.
  • Apr 12, 2019 Versum agreed to be acquired by Merck, replacing its Entegris merger agreement Versum terminated its Entegris agreement and agreed to a cash acquisition by Merck for $53.00 per share.

Who Did They Compete With?

Competes with Adeka, Air Liquide, Cabot Microelectronics, Dow/DuPont, Entegris, FujiFilm, Hyosung, Avantor, Merck EM, and SK Materials

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