Renesas Says in Talks to Buy Chip Designer Dialog for $6 Billion

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Japan’s Renesas said it is in talks to buy British-based Dialog Semiconductor in a deal that would bolster its automotive chip business and value the Apple supplier at around $6 billion (roughly Rs. 44 crores). Under the potential deal, Renesas would pay EUR 67.50 (roughly Rs. 5,900) a share for Frankfurt-listed Dialog, it said in a … Read more