Japan's Renesas to raise US$2 billion in new share issue

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

Japan's Renesas Electronics Corp will issue 167 million new shares to raise 218.5 billion yen (US$1.99 billion), the major supplier of automotive ...

Japan's Renesas Electronics Corp will issue 167 million new shares to raise 218.5 billion yen , the major supplier of automotive semiconductors said on Friday, aimed in part at helping to fund its acquisition of Dialog Semiconductor.

FILE PHOTO: Renesas Electronics Corp's logo is seen at a company conference in Tokyo, Japan, April 11, 2017. REUTERS/Toru HanaiTOKYO: Japan's Renesas Electronics Corp will issue 167 million new shares to raise 218.5 billion yen , the major supplier of automotive semiconductors said on Friday, aimed in part at helping to fund its acquisition of Dialog Semiconductor.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.