Sunday, November 25, 2012

REFILE-UPDATE 1-Renesas shares jump after report $2.4 bln bailout approved

TOKYO, Nov 26 (Reuters) - Shareholders of Japan's embattled
Renesas Electronics Corp have approved a government-led
bailout, the Nikkei newspaper said, sending the chipmaker's
shares more than 6 percent higher on relief that the $2.4
billion rescue was being finalised.

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