FX.co ★ Bloomberg: KKR Considers Takeover Bid For ASMPT

According to a report by Bloomberg News, KKR is contemplating a takeover bid for ASMPT, a global high-tech company based in Singapore. KKR has made an initial approach to ASMPT, indicating interest in the acquisition.

ASMPT is a worldwide supplier of hardware and software solutions for semiconductor and electronics manufacturing. The company's portfolio includes semiconductor assembly and packaging, as well as surface mount technology. Their extensive range of solutions covers wafer deposition and various processes that organize, assemble, and package sensitive electronic components. These components are integral to a myriad of end-user devices, including electronics, mobile communications, computing systems, automotive products, industrial equipment, and LED technologies.

ASMPT is publicly traded on the Stock Exchange of Hong Kong and is a member of several significant indices. These include the Hang Seng Composite MidCap Index under the Hang Seng Composite Size Indexes, the Hang Seng Composite Information Technology Industry Index under Hang Seng Composite Industry Indexes, the Hang Seng Corporate Sustainability Benchmark Index, and the Hang Seng HK 35 Index.