Japan’s state-backed fund INCJ, others to trim stake worth $3b in Renesas

Photo: Reuters

Renesas Electronics Corp said on Tuesday a state-backed fund and other shareholders would reduce their stakes in the Japanese chip maker, in a sale worth up to 295 billion yen ($2.8 billion) based on the prior day’s closing price.

Continue reading this story with a subscription to DealStreetAsia.


Contact us for corporate subscriptions at subs@dealstreetasia.com.