BE Semiconductor (BESIY) is receiving takeover interest amid rising demand for advanced chip-packaging technology, and is working with Morgan Stanley (MS) to evaluate potential approaches, Reuters’ Milana Vinn and Amy-Jo Crowley report. Potential suitors include Lam Research (LRCX), while Applied Materials (AMAT), which already holds a 9% stake, has also been cited as a possible interested party, according to people familiar with the matter.
Claim 55% Off TipRanks
Trade LRCX with leveragePublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BESIY:
- BE Semiconductor price target raised to EUR 140 from EUR 120 at Berenberg
- BE Semiconductor price target raised to EUR 204 from EUR 172 at JPMorgan
- BE Semiconductor Earnings Call Highlights AI-Led Upswing
- BE Semiconductor price target raised to EUR 155 from EUR 150 at Barclays
- BESIY Upcoming Earnings Report: What to Expect?