NEC Corp. announced Thursday that it will increase its support and control over Packard Bell NEC, Inc. in the United States by providing loans and sending an additional director from NEC.

To strengthen its financial status, NEC will provide loans worth $300 million, with France-based Cie. des Machines Bull, another major shareholder of PB NEC, guaranteeing 20 percent of the total. In return, NEC’s ownership of PB NEC’s preferred stock with voting rights has increased from 19.84 percent to 49 percent, the company said.

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