ASMPT shares have gained 23% this year, giving the company a market value of about US$4.9 billion. ASM International NV, a Dutch semiconductor-equipment maker which holds a roughly 25% stake in ASMPT, has in the past been pushed by activist investors to sell its stake.
ASMPT has attracted takeover interest in the past, including from other investment firms and industry players in Asia, people familiar with the matter have said.
Founded in 1975, ASMPT is an important global provider of technology and equipment used in the manufacture of chips for everything from phones to cars, website. The company has almost 11,000 employees and operates in more than 30 countries.
A representative for KKR declined to comment, while ASMPT and ASMI didn’t immediate respond to a request seeking comment.