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Alps Alpine Co Ltd (6770.T)

6770.T on Tokyo Stock Exchange

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Baring Private Equity Asia to buy Japan's Pioneer for $900 million

TOKYO Baring Private Equity Asia will buy cash-strapped Japanese electronics firm Pioneer Corp for $900 million (705 million pounds), in a two-stage investment that marks the latest attempt by the country's car navigation system makers to survive.

UPDATE 2-Baring Private Equity Asia to buy Japan's Pioneer for $900 million

TOKYO, Dec 7 Baring Private Equity Asia will buy cash-strapped Japanese electronics firm Pioneer Corp for $900 million, in a two-stage investment that marks the latest attempt by the country's car navigation system makers to survive.

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