NEC spurned private equity offers before selling discounted stake in iPhone supplier, sources say
Reuters exclusively reported that Japan’s NEC received multiple buyout offers from global private equity funds for iPhone supplier Japan Aviation […] The post NEC spurned private equity offers before selling discounted stake in iPhone supplier, sources say appeared first on Reuters News Agency.
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Reuters exclusively reported that Japan’s NEC received multiple buyout offers from global private equity funds for iPhone supplier Japan Aviation Electronics Industry before agreeing to sell back much of its 51% stake to the Japanese company at a discount, according to five people.
The post NEC spurned private equity offers before selling discounted stake in iPhone supplier, sources say appeared first on Reuters News Agency.
