News Headline Summary

Government-backed Innovation network of Japan will pay more than JPY 180bln for two-thirds of Renesas (6723 JT), with Hitachi (5812 JT), Mitsubishi Electric (6503 JT) and NEC (6701 JT) reducing their holdings to minority interest, according to Nikkei

- Renesas spokesman says afterwards that it's not source of buyout report.

25 Nov 2012 - 23:23 - Equities - Source: Nikkei

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