TOKYO, May 28 (Reuters) – Japan’s Renesas Electronics Corp will issue 167 million new shares to raise 218.5 billion yen ($1.99 billion), the major supplier of automotive semiconductors said on Friday, aimed in part at helping to fund its acquisition of Dialog Semiconductor. ($1=109.9100 yen) (Reporting by Tim Kelly; Editing by Clarence Fernandez)
Japan’s Renesas to raise $2 bln in new share issue
2021-05-28T07:01:19-04:00May 28th, 2021|