Yamaha Motor to raise Y76.1 bln yen via new share sale
TOKYO, April 2 |
TOKYO, April 2 (Reuters) - Japanese motorcycle maker Yamaha Motor (7272.T) said on Friday it will raise up to 76.1 billion yen ($811.6 million) through a share sale to finance the development of fuel-efficient engines and low-cost motorcycles for emerging markets.
The company said it will issue 55 million shares in a public offering. (Reporting by Yumiko Nishitani)
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