Category: CMC

Chip Materials Supplier Entegris to Buy Rival CMC in $6.5 Billion Deal

Entegris Inc., a supplier of semiconductor materials, said on Wednesday it would buy smaller rival CMC Materials in a deal valued at $6.5 billion, as it looks to build scale amid an unprecedented global chip shortage. Semiconductor-related businesses have been consolidating, with companies looking to scale up to invest in R&D and manufacturing to meet…


CMC Says Sept Market Volatility Boosts Trading Volumes

Online trading platform CMC Markets Plc pointed to a pick-up in client activity in September on Thursday, as the China Evergrande debt crisis and inflation concerns spurred market volatility and boosted trading volumes. Stocks globally have retreated in recent weeks after months of recovery, due to concerns about property developer China Evergrande and rising inflation,…