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NEC Corp (6701.T)

6701.T on Tokyo Stock Exchange

2,939JPY
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¥-12 (-0.41%)
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¥2,951
Open
¥2,942
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¥2,958
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¥2,935
Volume
172,500
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694,133
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¥3,380
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¥2,850

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Nissan calls off potential $1 billion sale of battery unit to China's GSR

TOKYO Nissan Motor cancelled a potential $1 billion sale of its electric car battery unit to China's GSR Capital, and while the automaker said it still aimed to find a buyer, analysts feel it could be a hard sell as the technology was not cutting edge.

CORRECTED-UPDATE 3-Nissan calls off potential $1 bln sale of battery unit to China's GSR

* Analysts say buyers may be cautious as technology not top notch

RPT - UPDATE 2-Nissan scraps potential $1 bln sale of battery unit to China's GSR

* Nissan still intends to sell battery unit, says spokesman (Adds comment from Nissan, response from GSR and background of deal. Repeats to restore to screens.)

Japan state-backed fund, others to sell nearly $3 billion of Renesas stock

TOKYO Renesas Electronics Corp said on Tuesday a state-backed fund and other shareholders would reduce their stakes in the Japanese chip maker, in a sale worth up to 295 billion yen ($2.8 billion) based on the prior day's closing price.

UPDATE 2-Japan state-backed fund, others to sell nearly $3 bln of Renesas stock

* Sale aimed at giving Renesas management greater freedom -NHK

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