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Japan's NEC eyes $2.1 bln capital raising-source

Published: 16 Jul 2009 17:24:12 PST

TOKYO, July 17 - Japanese electronics conglomerate NEC Corp is consdering raising about 200 billion yen ($2.1 billion) in capital, a source familiar with the matter said on Friday.

The company is considering raising 150 billion yen in a public offering and 50 billion yen in hybrid securities, the source said.


Source: Reuters

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