(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
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May 28, 2021 at 02:01PM
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CORRECTED-Japan's Renesas to raise $2 bln in new share issue - Reuters
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