Date: 03/03/2014

Tokyo Electron and Applied receive CFIUS Clearance

Tokyo Electron Limited and Applied Materials, Inc. have received notice from the Committee on Foreign Investment in the United States (CFIUS) that there are no unresolved national security issues relating to the companies’ proposed business combination announced on September 24, 2013. The clearance by CFIUS was without conditions and terminates CFIUS review of the transaction.

The closing of the business combination remains subject to customary conditions set forth in the parties’ Business Combination Agreement dated September 24, 2013, as amended February 14, 2014, including approval by shareholders of Tokyo Electron and Applied Materials and review by regulators in various countries. More information about the announced combination can be found at www.newglobalinnovator.com.
Author: Srinivasa Reddy N