Merck KGaA (MRCG.DE)
16 Aug 2019
Thu, Aug 8 2019
* Life Science unit boosted by demand for lab supplies and gear
FRANKFURT, Aug 8 Germany's Merck KGaA posted a gain in quarterly earnings that was slightly higher than market expectations, driven by drug development milestone payments from partners Pfizer and GlaxoSmithKline .
FRANKFURT, May 14 Germany's Merck KGaA , which is taking over U.S. electronic chemicals maker Versum Materials, said it expected a slight tailwind from foreign exchange effects supporting earnings growth this year.
FRANKFURT Germany's Merck KGaA sealed a $6.5 billion takeover deal with Versum Materials after overturning a deal it had agreed with rival bidder Entegris.
* To fund deal with cash on hand, debt (Releads, adds background)
FRANKFURT, April 12 Germany's Merck KGaA said it signed a takeover agreement with target Versum Materials for a price of $53 per share after Versum walked away from a prior merger agreement with rival Entegris .
FRANKFURT Merck KGaA won the backing of Versum's board for a sweetened $6.5 billion takeover proposal, overturning an agreed merger with rival Entegris as it bets on a recovery in electronic materials markets.
* Consolidation move in the semiconductor materials market (Adds Entegris comment, Merck deal logic)
April 8 Versum Materials Inc said on Monday that Merck KGaA had raised its offer for the company to $53 per share from $48.
BERLIN/FRANKFURT, April 1 The following are some of the factors that may move German stocks on Monday: