NETHERLANDS - Hermes is calling for ASM International's (ASMI) extraordinary general meeting to be delayed, following an indicative offer for the Dutch semiconductor equipment maker by Applied Materials (AMAT) and Francisco Partners (FP).
Hermes, along with activist hedge fund Fursa, have urged the Dutch Enterprise Chamber (Ondernemingskamer) in Amsterdam to put off the 15 July meeting until 15 October, to give the ASMI time to expl...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here