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 ($1.84 billion) worth of shares. https://www.japantimes.co.jp/business/2023/11/10/companies/incj-sells-renesas-shares/?utm_content=buffer05c8a&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #companies #renesaselectronics #incj #semiconductors #stocks
Japan fund INCJ sells ¥279 billion of Renesas shares

The shares have primarily been sold to overseas institutional investors, INCJ said.

The Japan Times