Yageo announces to acquire 100% shares of Pulse Electronics
2018/05/22Yageo Corporation (TAIEX: 2327 TW) today announced to acquire 100% shares of Pulse Electronics, an American leading electronic components partner that helps customers build the next great product by providing the needed technical solutions. Through Yageo’s 100% owned subsidiary Pluto Merger Corporation, the total purchased amount will be US$ 740 million, equivalent to NT$ 22 billion.
Both parties signed the contract today and expect to complete this acquisition soon after finishing all preparations and receiving approval from authorized government agency. In 2017, Pulse’s consolidated revenue was about NT$ 12 billion and operating margin was about NT$1.3 billion.
