Monday, November 16, 2009
Hitachi Ltd
Japan's biggest electronics firm by revenues, plans to raise up to 400 billion yen ($ 4.5 billion) by issuing new shares and convertible bonds to shore up its battered capital base. Hitachi plans to sell about 300 billion yen worth of shares and another 100 billion yen in convertible bonds. the public share offering would be its first in 27 years.
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