ATMI Completes Sale of LifeSciences Business to Pall Corporation
20 Febrero 2014 - 9:30AM
ATMI, Inc. (Nasdaq:ATMI), a global technology
company, announced today it has completed the sale of ATMI
LifeSciences to Pall Corporation (NYSE:PLL).
As previously announced, the transaction includes all assets
associated with the LifeSciences business. Cash proceeds from the
transaction are approximately $185 million, subject to customary
post-closing working capital adjustments. ATMI will report an
after-tax gain during the first quarter of 2014 related to this
transaction of approximately $68 million.
About ATMI
ATMI, Inc., a global technology company, provides specialty
materials, material processing, and safe, high-purity materials
handling and delivery solutions designed to increase process
efficiencies for the microelectronics and other industries. For
more information, please visit http://www.atmi.com.
ATMI and the ATMI logo are trademarks or registered
trademarks of Advanced Technology Materials, Inc., in the United
States, other countries, or both.
Forward Looking Statements
Statements contained herein that relate to ATMI's future
performance, including, without limitation, statements with respect
to ATMI's anticipated results of operations or level of business
for 2014 or any other future period, are forward-looking statements
within the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Such statements are based on current
expectations only and are subject to certain risks, uncertainties,
and assumptions, including, but not limited to, changes in
semiconductor and life sciences industry growth (including, without
limitation, wafer starts) or ATMI's markets; competition, problems,
or delays developing, commercializing, and delivering new products;
customer-driven pricing pressure; potential loss of key customers;
problems or delays in integrating acquired operations and
businesses; uncertainty in the credit and financial markets;
ability to protect ATMI's proprietary technology; and other factors
described in ATMI's Form 10-K for the year ended December 31, 2012
and other subsequent filings with the Securities and Exchange
Commission. Such risks and uncertainties may cause actual results
to differ materially from those expressed in our forward-looking
statements. ATMI undertakes no obligation to update any
forward-looking statements.
CONTACT: Troy Dewar
Vice President, Investor Relations and
Corporate Communications
203.207.9349
tdewar@atmi.com
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