BESI jumps 10% on takeover interest from Lam Research, Applied Materials

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil prices trim early losses as Iran supply fears overshadow Russia measures Hormuz oil flows down 97% from normal levels, Goldman Sachs says Gold prices rise but head for second weekly loss as Iran war spurs inflation fears Wall Street ends deep in the red amid renewed spike in oil prices due to Iran war (South Africa Philippines Nigeria) BESI jumps 10% on takeover interest from Lam Research, Applied Materials By Author Navamya Acharya Stock Markets Published 03/13/2026, 05:11 AM BESI jumps 10% on takeover interest from Lam Research, Applied Materials 0 AMAT -3.93% LRCX -4.29% BESI 11.58% Investing.com -- Shares in BE Semiconductor Industries surged to an all-time high on Friday after Reuters reported the Dutch chip-packaging equipment maker has been fielding takeover interest from U.S. rivals Lam Research and Applied Materials , capping a more than doubling of the stock from last year’s lows. Access faster breaking news and analyst reactions with InvestingPro - 50% off BESI shares hit an intraday record of €199.85 before paring gains to trade 10% higher at €194.25, giving the Amsterdam-listed company a market value of 14 billion euros. After Reuters reported the news, shares extended earlier gains to touch the record high. The company has been working with investment bank Morgan Stanley to evaluate the approaches, according to two people familiar with the matter. Lam Research is among the suitors that have held discussions with BESI, the report said. Applied Materials , which acquired a 9% stake in BESI in April last year making it the largest shareholder, is also among potentially interested parties, the report added. Applied Materials’ stake acquisition in April last year triggered a 12% single-day surge in BESI shares in October 2025, as investors began pricing in the prospect of a full takeover. Friday’s move takes the stock to more than double its April 2025 low of €79.62, when shares were hit by fears...