(Corrects to remove extraneous word from headline)
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)
((bijoy.koyitty@thomsonreuters.com)(within U.S. +1 646 223 8780)(outside U.S. +91 80 4135 5800)(Reuters Messaging: bijoy.koyitty.reuters.com@reuters.net))
Keywords: CERADYNE OFFER/3M