Entegris and element solutions terminate distribution agreement

Billerica, mass.--(business wire)--entegris, inc. (nasdaq: entg), a leading supplier of advanced materials and process solutions for the semiconductor and other high-tech industries, today announced that it has terminated its distribution agreement with macdermid alpha electronics solutions, a business unit of element solutions inc (nyse: esi), in exchange for $200 million. entegris has received $170 million at closing and the remainder will be paid at the conclusion of a transitionary period.
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