Private equity firm Kohlberg Kravis Roberts & Co LP and the founder of Taiwan's Yageo Corp plan to buy the components maker in a $1.6 billion deal, sending its shares up by the maximum allowed in a day. KKR and Yageo founder and chairman, Pierre Chen, will form a company to bid for all the shares of Yageo, a maker of electronic components including resistors and capacitors, they said in a statement on Wednesday. "From a long term perspective, the new shareholding structure will enable investments in accelerated high end product development and deeper penetration into western markets, which will complete our transformation into a global leader across our focus products," Chen said in the statement.
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