filecrux
Oct 26, 8:48 PM
$AMAT Applied Materials to lift its Besi stake to about 20% from 9%, with no price disclosed.
🏢 Applied Materials makes the materials-engineering tools behind virtually every new chip, and was worth about
$307.52B at
$387.505 a share at 16:00 ET on October 26, 2026
🤝 It signed an accelerated share purchase agreement to lift its stake in Dutch chip-assembly toolmaker Besi from the 9% bought in April 2025 to about 20%, and neither the 8-K nor the release states a price
🤝 In return Applied gets a deeper hold on Besi's hybrid bonding, calls the stake long term, and says it has no intention to go beyond about 20% or seek a Besi board seat, which cuts against a takeover reading
📅 Next: Delivery of the Besi shares waits for the HSR antitrust waiting period to expire or end, and the filing gives no date
Source: SEC 8-K + Applied release, Oct 26
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