Japan fund INCJ sells $1.8 billion of Renesas shares

Japan fund INCJ sells $1.8 billion of Renesas shares

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Japanese state-backed fund INCJ said it has sold all but a token portion of its stake in semiconductor manufacturer Renesas Electronics, offloading 279 billion yen ($1.84 billion) worth of shares. INCJ had previously held 6.65% of Renesas' shares, it said in a statement on Thursday. The sale price…

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