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BRIEF- Pioneer says business alliance and private placement
September 19, 2017 / 7:08 AM / a month ago

BRIEF- Pioneer says business alliance and private placement

Sept 19(Reuters) - Pioneer Corp

* Says it signs a business alliance with HERE International B.V., mainly regarding map service, development of platform which could forecast accident risk, and ADAS solution

* Says it will issue 11.1 million new shares, to raise 17.3 million euros (2.26 billion yen), through private placement to HERE Global B.V., with payment date on Oct. 5

Source text in Japanese:goo.gl/SZvK3P

Further company coverage: (Beijing Headline News)

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