TAIPEI -- Taiwanese electronic parts supplier Yageo said Wednesday it will seek to buy all of Japanese peer Shibaura Electronics in a deal that would top 65 billion yen ($426 million).
Yageo will offer 4,300 yen per share for Shibaura, a 37% premium over Wednesday's closing price of 3,135 yen. The tender offer is slated to begin on May 7.
