UK Clears Axcelis Merger With Veeco as China Approval Remains Pending

Reuters02-02 20:02

UK Clears Axcelis Merger With Veeco as China Approval Remains Pending

Axcelis Technologies has provided an update on its pending acquisition of Veeco Instruments. The company reported that the United Kingdom Investment Security Unit has issued a no further action letter regarding the merger. Additionally, Axcelis and Veeco determined that filings are not required in Sweden and have waived the related closing conditions. The companies are continuing to seek the final outstanding regulatory approval from Chinese authorities. Both companies have scheduled special stockholder meetings for February 6, 2026, to consider the transaction. Completion of the deal remains subject to customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Veeco Instruments Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-008917), on February 02, 2026, and is solely responsible for the information contained therein.

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