CORRECTED-Japan's Renesas to raise $2 bln in new share issue

  • 5/28/2021
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(Corrects to show planned share issue 196.4 million (not 167 million)) TOKYO, May 28 (Reuters) - Japan’s Renesas Electronics Corp will issue 196.4 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 Our Standards: The Thomson Reuters Trust Principles.

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