# Kyocera to acquire remaining shares of AVX for $21.75 per share

Kyocera Corp. agreed to acquire all outstanding shares of AVX not already owned (about 28%) for $21.75 per share, making AVX a wholly owned subsidiary.

- Type: Acquisition
- Announced: 2020-02-23
- Where: United States
- Status: announced
- Products: passive components
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [KYOCERA Corporation](https://endata.com/companies/14971.md) (acquirer)
- [AVX Corporation](https://endata.com/companies/25721.md) (target)

## Sources

- [fiercesensors.com](https://www.fiercesensors.com/electronics/passive-component-sector-consolidates-as-kyocera-avx-merge), 2020-02-24: "Japan-based Kyocera Corp. and U.S component supplier AVX have entered into a definitive merger agreement, whereby Kyocera would acquire all the outstanding shares of common stock of AVX not already owned by Kyocera for $21.75 per share."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.