Pending Acquisition

6 Months Ended

Feb. 28, 2013

Pending Acquisition

12. Pending Acquisition

On February 4, 2013, the Company announced an agreement to acquire Nypro Inc. (“Nypro”), a provider of manufactured precision plastic products for customers in the healthcare, packaging and consumer electronics industries, with over $1.0 billion in total annual revenues for the twelve month period ended June 30, 2012. Nypro has approximately 12,000 employees and manufacturing operations in 10 countries. Nypro has advanced capabilities in product design, tooling, injection molding, surface decoration and complete product manufacturing. Completion of the transaction, which is subject to certain regulatory antitrust clearances in the U.S., China and other jurisdictions and certain other customary closing conditions, is currently expected to take place during Jabil’s fiscal fourth quarter. Predicting a date of completion is difficult, however, as we understand that the time generally required to obtain antitrust clearances in certain countries for transactions such as this one appears to be becoming less predictable and to be taking longer. Accordingly, completion of the transaction may take longer than currently expected. The total purchase price is expected to be $665.0 million, subject to certain adjustments, and is expected to be funded from Jabil’s existing cash and credit facilities.