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Japanese state-backed investment fund Innovation Network is in talks with major manufacturers -...

Japanese state-backed investment fund Innovation Network is in talks with major manufacturers - reportedly including Toyota (TM) and Panasonic (PC) - about acquiring struggling chipmaker Renesas, which is the subject of a bid of over ¥100B ($1.3B) from KKR. The Japanese government fears that KKR would "cut off the less-profitable operations" that are important for Japanese end users.
Comments (1)
  • KKR IS A SLEEPING GIANT. YOU BANK ON THAT. THANK YOU!
    23 Sep 2012, 08:03 AM Reply Like
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