Fursa buys more shares of ASM International

By Lisa Kerner

Charlotte, N.C., Jan. 10 - Fursa Alternative Strategies LLC bought 666,751 shares of ASM International NV stock between Nov. 26 and Jan. 3.

The shares were priced from $15.44 to $16.70 each, according to a schedule 13D filing with the Securities and Exchange Commission.

The reporting persons beneficially own 5,568,396 shares, or 10.3%, of the Bilthoven, Netherlands-based company's stock.

In December 2007, Fursa, a 9.1% shareholder at the time, announced its support of a team of experts from the wafer processing equipment industry who were have been "developing an ambitious plan for the front-end business," a prior SEC filing stated.

Fursa also expressed its desire to see a "significant strengthening" in the company's board to steer ASM to growth and peer level margins. As a result, Fursa said it would support the appointment of new team members to ASM's board.

ASM designs and manufactures equipment and materials used to produce semiconductor devices.

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