Renesas Electronics says in talks about $6 billion acquisition of Dialog Semiconductor
7:18 pm Sunday, February 07th, 2021
TOKYO (Reuters) – Japan’s Renesas Electronics Corp said it is in talks with Dialog Semiconductor GmbH about a potential acquisition that would value the Frankfurt-listed Apple Inc supplier at around $6 billion.
Renesas in a statement through the Tokyo Stock Exchange said it was in talks to buy Dialog for 67.50 euros a share, and that regulations meant it would have to disclose any intention to purchase by March 7.
(Reporting by Tim Kelly; Editing by Christopher Cushing)
