Entegris (ENTG) has issued an announcement.
Entegris, Inc. has successfully sold its Pipeline and Industrial Materials business for up to $285 million to an SCF Partners affiliate. The deal includes $260 million in cash and a potential $25 million earnout based on future financial performance. Despite this progress, the company cautions investors about forward-looking statements, highlighting the uncertainties and risks that could affect their operations and financial outcomes, such as global economic conditions, supply chain issues, and geopolitical tensions.
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