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CCMP - CMC Materials sale to Entegris reportedly getting closer to China approval
CMC Materials Inc.
CMC Materials (NASDAQ:CCMP) sale to Entegris (NASDAQ:ENTG) is reportedly getting closer to Chinese antitrust approval. Third party complaints in China are said to have concluded and unconditional clearance for the deal is likely, according to traders, who cited a report that's being circulated. Entegris (ENTG) agreed to acquire CMC Materials in Decemeber in a cash and stock transaction worth $6.5B at the time.