Renesas Electronics is looking for an investment of 50B yen in new shares from KKR & Co. (KKR), reports Nikkei. If KKR agrees to a private placement, it will leapfrog NEC, Hitachi (HIT), and Mitsubishi Electric (MIELY) as Renesas' top shareholder.
Stocks were falling amid investor concerns the U.S. Federal Reserve may begin to taper its stimulus measures and …