8-KItem 8.01 · Other EventsItem 9.01 · Financial Statements
Applied Materials to Raise Besi Stake to Approximately 20%
Filed with the SEC on · Summarized by InvestorsBot
Applied Materials entered an accelerated share purchase agreement on October 26, 2026, to increase its ownership of Dutch semiconductor equipment maker BE Semiconductor Industries (Besi) to approximately 20% of outstanding shares, including its existing holdings. The transaction is subject to expiration or termination of the applicable Hart-Scott-Rodino waiting period; Applied described the investment as long term, said it does not currently intend to exceed approximately 20% ownership, and does not plan to seek a Besi board seat.