Mitsubishi Electric Corp (6503.T)
26 May 2017
TOKYO A Japanese state-backed fund plans to sell nearly a fifth of shares in chip maker Renesas Electronics Corp - worth $2.7 billion at current prices - bolstering its coffers amid expectations it is planning to invest in Toshiba's chip unit.
* INCJ seen teaming up with another suitor for Toshiba chip unit (Recasts and adds details of the stock sale)
BRIEF-Sisvel Group's unit 3G Licensing S.A. says KPN, Mitsubishi Electric have joined 3G joint licensing agreement offering
* Sisvel Group's unit 3G Licensing S.A. says KPN, Mitsubishi Electric have joined its 3G joint licensing agreement offering Source text for Eikon: Further company coverage:
* Mitsubishi electric plans to invest an estimated 2 billion yen to boost the output capacity at a plant in jiangsu province Source text for Eikon: Further company coverage: