Japan state-backed fund, others to sell nearly $3 billion of Renesas stock

Two Airbnb hosts fined in Singapore’s first such case
April 3, 2018
China’s Meituan to buy large stake in Mobike: Caixin
April 3, 2018
This post was originally published on this site

TOKYO (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.