Reuters logo
Renesas says state-backed fund, others to sell 16.5 pct of its shares
May 18, 2017 / 6:24 AM / 7 months ago

Renesas says state-backed fund, others to sell 16.5 pct of its shares

TOKYO, May 18 (Reuters) - Japanese automotive chip maker Renesas Electronics Corp said on Thursday that stockholders including state-run fund Innovation Network Corp of Japan (INCJ) planned to sell a combined 16.5 percent of its shares.

The company said in a filing to regulators that others selling shares include Hitachi Ltd and Mitsubishi Electric Corp.

INCJ currently holds a 69.2 percent stake in the semiconductor maker.

Reporting by Makiko Yamazaki; Editing by Edwina Gibbs

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below