Merck’s Versum swoop fails to cheer lenders

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Merck’s Versum swoop fails to cheer lenders

German Merck 230x150

Germany’s Merck has made an unsolicited $5.9bn enterprise value offer for Versum, the US maker of materials for the electronics industry, amid a spate of mergers and acquisitions announced this week, though financiers say that has yet to spark a rise in loan demand.

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