Oct 1 (Reuters) - 3M said it will acquire ceramic component maker Ceradyne Inc for about $847 million.
The offer of $35 per share represents a premium of about 43 percent to Ceradyne's Friday closing.
3M said it estimates the acquisition to add 1 cent a share to earnings, excluding items, over the first 12 months after the completion of the deal.
(Reporting by Bijoy Koyitty in Bangalore; Editing by Maju Samuel)
Keywords: CERADYNE OFFER/3M