Yageo Corp (2327.TW)
22 Jun 2018
TAIPEI Taiwan's Yageo Corp said it would buy U.S.-based Pulse Electronics for $740 million, marking its biggest deal ever as it looks to expand in the United States and Europe.
* Pulse won contract in 2017 to supply to U.S. EV firm (Adds details from statement, background)
TAIPEI, May 22 Taiwan's Yageo Corp said on Tuesday its subsidiary is acquiring U.S. electronic component design and manufacturing company Pulse Electronics for $740 million in cash.
* Says it offered a takeover bid for 46.1 million shares (or no more than 46.1 million shares and no less than 23.1 million shares) of Brightking Holdings Ltd