Renesas to Sell $1.8 Billion Shares to Fund

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.

Bloomberg Markets: The Trump Economy 7/21
19:11 - Guests include: Republican Congressman French Hill of Arkansas, Democratic Senator Ron Wyden of Oregon. (Source: Bloomberg)
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