Yageo to Buy Kemet for $1.8 Billion

Yageo Corp. and Kemet Corp. today announced that they have entered into a definitive agreement under which Yageo will acquire all the outstanding shares of Kemet’s common stock for US$27.20 per share in an all-cash transaction valued at US $1.8 billion, including the assumption of net debt. The move will combine two powers in the interconnect, passives and electromechanical components+