Japanese chipmaker Renesas to raise $2b via new shares to fund Dialog purchase

Japanese chipmaker Renesas to raise $2b via new shares to fund Dialog purchase

Photographer: Tomohiro Ohsumi/Bloomberg

Japan’s Renesas Electronics Corp said it will raise 218.5 billion yen ($1.99 billion) through a new share issue to help the automotive semiconductors maker fund its planned $6 billion purchase of Dialog Semiconductor.

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