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ROHM Semiconductor plans to provide 300 billion yen ($2.16 billion) in funding to a consortium led by Japan Industrial Partners for the proposed acquisition of Toshiba Semiconductor. ROHM will invest 100 billion yen in the fund and purchase 200 billion yen in preferred shares.
“ROHM Semiconductor said its main goal is to participate in the privatization of Toshiba and help solve their problems.”semimedia.cc
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