http://www.eetimes.com/news/latest/s...capacitor firm
Peter Clarke
EE Times Europe
(02/20/2007 9:06 AM EST)
Peter Clarke
EE Times Europe
(02/20/2007 9:06 AM EST)
LONDON - Kemet Corp., a manufacturing of tantalum and aluminum capacitors, is has offered to buy Evox Rifa Group Oyj, a maker of film and electrolytic capacitors, reportedly for approximately $55 million in cash.
Kemet (Greenville, South Carolina) has offered 0.12 euro (about 16 cents) for all issued and outstanding shares in Evox Rifa (Helsinki, Finland). The offer price represents a premium of approximately 47 per cent compared to the volume-weighted average trading price of the Evox Rifa shares on the Helsinki Stock Exchange during the last 12 months and approximately 44 per cent compared to the average trading price during the last 3 months.
Kemet (Greenville, South Carolina) has offered 0.12 euro (about 16 cents) for all issued and outstanding shares in Evox Rifa (Helsinki, Finland). The offer price represents a premium of approximately 47 per cent compared to the volume-weighted average trading price of the Evox Rifa shares on the Helsinki Stock Exchange during the last 12 months and approximately 44 per cent compared to the average trading price during the last 3 months.