IFLR1000
With the support of CERHA HEMPEL, AT&S signed an agreement on 23 September 2024 for the sale of AT&S Korea to SO.MA.CI.S. The sale includes all shares held by AT&S in AT&S Korea CO., LTD. (and thus also includes the plant in Ansan, South Korea). The purchase price (equity value) amounts to EUR 405 million, plus interest and minus dividend payments. The transaction is subject to closing of the acquisition of SO.MA.CI.S. by Bain Capital Private Equity (Europe) LLP, as well as merger control approvals, and is expected to complete by March 2025.
CERHA HEMPEL - Austria,
September 24 2024