Merck KGaA to buy AZ Electronic Materials for $2.6 billion

09:07 AM | December 5, 2013 | Deepti Ramesh

Merck KGaA has agreed to acquire AZ Electronic Materials (AZ; Luxembourg) for about £1.6 billion ($2.6 billion). Merck is offering 403.5 pence/share of AZ in cash, valuing AZ at about £1.6 billion...