KKR Is Said to Weigh Takeover Bid for Chip Gear Maker ASMPT
- KKR has made non binding, preliminary approach to buy ASMPT
- ASMPT has received previous takeover approaches in the past
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KKR & Co. is considering a takeover bid for the roughly $5 billion semiconductor and electronics equipment maker ASMPT Ltd., people familiar with the matter said, a move that would follow previous acquisition attempts from other bidders.
The US alternative asset manager has made a non-binding, preliminary approach to take Hong Kong-listed ASMPT private, the people said, asking not to be identified because the matter is private. Considerations are at an early stage and may not lead to a transaction, the people said. ASMPT may also attract interest from other buyout firms, one of the people said.