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Pioneer Corp (6773.T)

6773.T on Tokyo Stock Exchange

63JPY
14 Dec 2018
Change (% chg)

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¥63
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¥63
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¥64
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¥258
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Fri, Dec 7 2018

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Baring Private Equity Asia to buy Japan's Pioneer for $900 million

TOKYO Baring Private Equity Asia will buy cash-strapped Japanese electronics firm Pioneer Corp for $900 million, in a two-stage investment that marks the latest attempt by the country's car navigation system makers to survive.

UPDATE 2-Baring Private Equity Asia to buy Japan's Pioneer for $900 million

TOKYO, Dec 7 Baring Private Equity Asia will buy cash-strapped Japanese electronics firm Pioneer Corp for $900 million, in a two-stage investment that marks the latest attempt by the country's car navigation system makers to survive.

Baring Private Equity to invest $904 million in Japan's Pioneer

TOKYO, Dec 7 Japanese audio systems maker Pioneer Corp said on Friday buyout firm Baring Private Equity Asia has agreed to invest 102 billion yen ($904 million) in the company to restore its financial health.

UPDATE 3-Japan's Pioneer gets $540 mln lifeline from Baring as debt deadline looms

* Shares slide 9.3 pct on worries about dilution and firm's future

CORRECTED-Nikkei drops as chip stocks, tool makers sold, Pioneer volatile

TOKYO, Sept 12 Japan's Nikkei fell on Wednesday as chip-related stocks tracked weakness in their U.S. counterparts overnight and as machine tool makers weakened after downbeat industry data.

Pioneer secures $540 mln in funding from HK's Baring Private Equity

TOKYO, Sept 12 Japan's struggling Pioneer Corp on Wednesday said it had secured up to 60 billion yen ($540 million) in funding from Hong Kong-based fund manager Baring Private Equity Asia (BPEA).

Trading in Pioneer Corp shares suspended temporarily - TSE

TOKYO, Sept 12 Trading in Japan's Pioneer Corp shares was suspended temporarily on Wednesday following a media report that the firm plans to issue new shares, the Tokyo Stock Exchange said. (Reporting by Hideyuki Sano Editing by Paul Tait)

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