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 US$6 billion.
FILE PHOTO: Renesas Electronics Corp's logos are pictured at the company's conference in Tokyo, Japan, April 11, 2017. REUTERS/Toru Hanai/File PhotoShare this contentTOKYO: 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 US$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.