clients-bailed
Hanjin Shipping secures $45 million, more may take ‘considerable time’
September 13, 2016 by publisher · Leave a Comment
SEOUL/SYDNEY (Reuters) – The chairman of Hanjin Group transferred 40 billion won ($36 million) to Hanjin Shipping on Tuesday to help unload cargo stranded on the troubled shipper's vessels, a spokesman said, but regulators warned securing further funds could take “considerable time”. The parent of Hanjin Shipping pledged last week to raise 100 billion won to help …
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Hanjin Shipping secures $45 million, more may take ‘considerable time’
clients-bailed
Japan’s Renesas pushes into autos with $3.2 billion Intersil buy
September 13, 2016 by elegant · Leave a Comment
By Makiko Yamazaki TOKYO (Reuters) – Renesas Electronics Corp on Tuesday said it has agreed to buy U.S. chipmaker Intersil Corp for $3.2 billion, an all-cash deal that bolsters the Japanese group's efforts to refocus the company around automotive chips. Renesas, created from the semiconductor units of several Japanese companies, has amassed a significant war chest since a state fund and key clients …
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Japan’s Renesas pushes into autos with $3.2 billion Intersil buy