Japanese auto parts giant Denso has proposed to acquire all shares in chipmaker Rohm in a deal that could reach as much as around 1.3 trillion yen ($8.26 billion), the Nikkei business daily said on Friday.
The deal, if realised, would create a major player in power semiconductors used to control electricity in electric vehicles and data centres, the paper said.
Denso could not immediately be reached for comment, while a Rohm spokesperson said they were still looking into the report.
Shares in Rohm ended morning trade in Tokyo down 0.36% at 2,733 yen, ahead of the Nikkei report.
Source: Reuters.com