MKS Instruments approaches Atotech with acquisition offer: Sources

New Delhi: Semiconductor equipment maker MKS Instruments Inc has approached Atotech Ltd, a specialty chemicals group that has a market value of $4.7 billion, with an acquisition offer, people familiar with the matter said on Thursday.

The potential combination would expand MKS’s offerings in chip manufacturing through the addition of Atotech’s plating chemicals. It would come a few months after Atotech was floated on the stock market by its private equity owner Carlyle Group Inc.