Exhibit 99.1
Versum Materials Announces Filing and Mailing of Definitive Proxy Statement
in Connection with Proposed Merger with Entegris
Schedules April 26, 2019 Special Meeting of Stockholders to Vote on Transaction
TEMPE, Ariz.– March 21, 2019 –Versum Materials, Inc. (NYSE: VSM), a leading specialty materials supplier to the semiconductor industry, today announced the filing of its definitive proxy materials with the U.S. Securities and Exchange Commission in connection with the Company’s pending merger with Entegris, Inc. (NASDAQ: ENTG). Versum Materials also announced the commencement of mailing on or about March 22, 2019 of the definitive proxy materials, including a WHITE proxy card, relating to the Special Meeting of Versum Materials stockholders to be held on April 26, 2019 to consider the merger. Stockholders of record as of the close of business on April 2, 2019 will be entitled to vote at the Special Meeting.
Versum Materials and Entegris previously announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in connection with the previously-announced merger of equals between the two companies. With respect to Germany, antitrust clearance was received on March 19, 2019. The transaction remains subject to other closing conditions in the Agreement and Plan of Merger, dated as of January 27, 2019, by and among Versum Materials, Inc. and Entegris, Inc.
Versum Materials stockholders with questions about the Special Meeting, or who need assistance in voting their shares using the WHITE proxy card, may contact the Company’s proxy solicitor, Innisfree M&A Incorporated, toll-free at (877)456-3463.
Lazard and Citi are serving as financial advisors to Versum Materials and Simpson Thacher & Bartlett LLP is serving as legal counsel.
About Versum Materials
Versum Materials, Inc. (NYSE:VSM) is a leading global specialty materials company providing high-purity chemicals and gases, delivery systems, services and materials expertise to meet the evolving needs of the global semiconductor and display industries. Derived from the Latin word for “toward,” the name “Versum” communicates the company’s deep commitment to helping customers move toward the future by collaborating, innovating and creating cutting-edge solutions.
A global leader in technology, quality, safety and reliability, Versum Materials is one of the world’s leading suppliers of next-generation CMP slurries, ultra-thin dielectric and metal film precursors, formulated cleans and etching products, and delivery equipment that has revolutionized the semiconductor industry. Versum Materials reported fiscal year 2018 annual sales of about U.S. $1.4 billion, has approximately 2,300 employees and operates 14 major facilities in Asia and the North America. It is headquartered in Tempe, Arizona. Versum Materials had operated for more than three decades as a division of Air Products and Chemicals, Inc. (NYSE:APD).