Yageo take-private deal values firm at $1.6 billion

Yageo founder Pierre Chen and KKR launch a deal to delist the Taiwanese electronic component maker, citing the need for greater financial flexibility.
Yageo's manufacturing base in Kaohsiung, Taiwan
Yageo's manufacturing base in Kaohsiung, Taiwan

Yageo founder Pierre Chen, backed by private equity firm Kohlberg Kravis Roberts (KKR), yesterday launched an offer to take Yageo private at a price that values the company at NT$47 billion ($1.6 billion).

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