TOKYO, March 26 (Reuters) - Shares of NEC Mobiling Ltd jumped 14.6 percent to 5,510 yen to a record high on Tuesday after sources said its parent NEC Corp is planning to sell a 51 percent stake. NEC shares climbed 5.4 percent to 256 yen. NEC Corp expects to sell the NEC Mobiling stake for 70 to 80 billion yen ($742 million - $848 million), financial and industry sources told Reuters, adding that Marubeni Corp's telecommunications unit and TD Mobile are among ...
To access this content simply register below now.
Registering is easy and allows you to:
- Access all WardsAuto.com public content and newswire stories
- Participate in forums
- Comment on articles
- Sign up for e-newsletters
- And much more!