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.

Print 23:23, 25 Nov 2012 - Asian News - Source: Nikkei