Ad
Ad
Ad
Ad
Ad
© kemet Business | June 10, 2020

Final regulatory approval for Kemet/Yageo deal received

Kemet announces that, in connection with the pending acquisition of Kemet by Yageo Corporation, the parties have received the final regulatory approval from the Investment Commission, Ministry of Economic Affairs in Taiwan to close the transaction.

The parties expect to consummate the merger on or about June 15, 2020. Upon consummation of the merger, Yageo will acquire all of the outstanding shares of Kemet’s common stock for US USD 27.20 per share in an all-cash transaction valued at approximately USD 1.6 billion.
Ad
Load more news
June 09 2020 11:27 am V18.6.11-1