[Private Equity in Japan] INCJ to sell part of its shares in Renesas Electronics Corporation

March 12, 2018
by Investment in Japan

Private Equity in Japan

>INCJ’s announcement

Innovation Network Corporation of Japan (INCJ) announced today it has decided to sell 75,026,425 of its shares in Renesas Electronics Corporation (Renesas) to Denso Corporation (Denso). Upon completion of this transaction, INCJ’s shareholding in Renesas will be 45.6%, down from 50.1%