Renesas (6723 JP) ANOTHER Clean-Up Block Trade as Hitachi/NEC Exit

3.3k Views25 Jan 2024 18:39
​Hitachi and NEC are selling their stakes in Renesas Electronics, with an expected value of $2bn, benefiting from the recent surge in semiconductor stocks. I expect it will be well over-subscribed.
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Travis Lundy
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Quiddity Advisors
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