Renesas to Sell $1.8 Billion in Shares to Fund, Companies : News Photo

Renesas to Sell $1.8 Billion in Shares to Fund, Companies

Credit: Bloomberg / Contributor
Kimikazu Noumi, president of Innovation Network Corp. of Japan, left, speaks during a news conference with Yasushi Akao, president of Renesas Electronics Corp., in Tokyo, Japan, on Monday, Dec. 10, 2012. Renesas Electronics Corp., the ailing Japanese chipmaker, will sell at least 150 billion yen ($1.8 billion) of new shares to a government-backed fund and customers such as Toyota Motor Corp. as part of a bailout plan. Photographer: Noriyuki Aida/Bloomberg via Getty Images
Caption:
Kimikazu Noumi, president of Innovation Network Corp. of Japan, left, speaks during a news conference with Yasushi Akao, president of Renesas Electronics Corp., in Tokyo, Japan, on Monday, Dec. 10, 2012. Renesas Electronics Corp., the ailing Japanese chipmaker, will sell at least 150 billion yen ($1.8 billion) of new shares to a government-backed fund and customers such as Toyota Motor Corp. as part of a bailout plan. Photographer: Noriyuki Aida/Bloomberg via Getty Images
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Date created:
December 10, 2012
Editorial #:
158053527
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Object name:
RENESAS INVESTMENT

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Kimikazu Noumi president of Innovation Network Corp of Japan left... News Photo 158053527Asia,Asian,Computer Chip,East Asia,Electronic,Electronics Industry,Finance,Horizontal,Japan,Japanese,Part Of,President,Press Conference,Renesas Electronics,Supplies,Talking,Technology,Tokyo PrefecturePhotographer Collection: Bloomberg 2012 BloombergKimikazu Noumi, president of Innovation Network Corp. of Japan, left, speaks during a news conference with Yasushi Akao, president of Renesas Electronics Corp., in Tokyo, Japan, on Monday, Dec. 10, 2012. Renesas Electronics Corp., the ailing Japanese chipmaker, will sell at least 150 billion yen ($1.8 billion) of new shares to a government-backed fund and customers such as Toyota Motor Corp. as part of a bailout plan. Photographer: Noriyuki Aida/Bloomberg via Getty Images