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ASM International to Divest RTP Business

ASM International (NASDAQ: ASMI and Euronext Amsterdam: ASM) today announced that it has signed a Term Sheet to divest its Levitor RTP business to a newly formed company owned and managed by the current RTP business unit management.

If the transaction completes it is foreseen that management will take over all current Levitor business including its approximately 20 employees, customer service, and plans to develop new RTP-related products.

ASM will provide € 4 million working capital, which will be expensed, and will retain a non-controlling minority share in the new company.

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