Picture of Rohm Co logo

6963 Rohm Co News Story

0.000.00%
jp flag iconLast trade - 00:00
TechnologyAdventurousLarge CapHigh Flyer

Toyota supplier Denso to withdraw proposal to buy chipmaker Rohm, Nikkei says

TOKYO, April 25 (Reuters) - Japanese auto parts giant Denso 6902.T will withdraw its offer to acquire Rohm 6963.T after it failed to win the chipmaker's support for the tie-up, the Nikkei business daily said on Saturday.

Toyota 7203.T supplier Denso had made the bid last month in a move that would have expended its control over power management chips used in electric vehicles and data centres.

 (Reporting by Daniel Leussink; Editing by Chris Reese)

 ((daniel.leussink@thomsonreuters.com; Twitter: @danielleussink;))

Recent news on Rohm Co

See all news