INCJ 完成 $1.84B 大宗交易，剥离瑞萨电子的多数股权

日本国家支持基金 INCJ 宣布出售其在半导体制造商瑞萨电子 (Renesas Electronics) 的大量股份，价值约 18.4 亿美元。此次出售主要面向海外机构投资者，INCJ 的持股量从 6.65% 减少至名义 75 股。该交易标志着亚洲的一项重大大宗交易，也是 2020 年以来日本第二大交易。INCJ 于 2013 年投资了瑞萨电子，以支持这家陷入困境的公司，但近年来逐渐剥离了所持股份。

INCJ Divests Majority Stake in Renesas Electronics, Marking Significant Block Trade

INCJ 剥离瑞萨电子的多数股权，标志着重大的大宗交易

TOKYO, Japan - In a transaction valued at approximately $1.84 billion, Japanese state-backed investment fund INCJ has announced the sale of the majority of its stake in semiconductor manufacturer Renesas Electronics. The transaction involved the offloading of 279 billion yen ($1.84 billion) worth of shares, primarily to overseas institutional investors.

日本东京 - 日本国家支持的投资基金 INCJ 宣布在一项价值约 18.4 亿美元的交易中出售其在半导体制造商瑞萨电子 (Renesas Electronics) 的大部分股权​​。该交易涉及出售价值 2790 亿日元（18.4 亿美元）的股票，主要出售给海外机构投资者。

The sale price of 2,143 yen per share represents an 8.01% discount on Renesas' closing share price of 2,329.5 yen on Thursday, as stated by INCJ in a separate statement on Friday. Renesas shares experienced a decline of 4.5% to 2,224 yen by mid-morning on Friday.

INCJ 在周五的另一份声明中表示，每股 2,143 日元的售价较瑞萨电子周四收盘价 2,329.5 日元折让 8.01%。截至周五上午，瑞萨电子股价下跌 4.5%，至 2,224 日元。

Prior to the transaction, INCJ held 6.65% of Renesas' shares, according to a statement released on Thursday. Following the sale, INCJ retains a marginal holding of only 75 shares, in contrast to the previous 130 million shares held.

根据周四发布的一份声明，在此次交易之前，INCJ 持有瑞萨电子 6.65% 的股份。出售后，INCJ 仅保留 75 股的边际持股，而之前持有 1.3 亿股。

As per data from Dealogic, this transaction ranks as the fifth-largest block trade in Asia so far this year and the second-largest in Japan since 2020. The divestment marks a significant step in INCJ's strategy of exiting its investments in Renesas.

根据 Dealogic 的数据，这笔交易是今年迄今为止亚洲第五大大宗交易，也是 2020 年以来日本第二大大宗交易。此次撤资标志着 INCJ 退出瑞萨投资战略的重要一步。

INCJ initially invested in the struggling chipmaker in 2013, acquiring 69% of Renesas, which at the time held the position of the world's leading maker of microcontroller chips used in automobiles. Renesas faced significant financial challenges due to intense competition from overseas rivals like Samsung Electronics.

INCJ 最初于 2013 年投资了这家陷入困境的芯片制造商，收购了瑞萨电子 69% 的股份，当时瑞萨电子是全球领先的汽车微控制器芯片制造商。由于来自三星电子等海外竞争对手的激烈竞争，瑞萨电子面临着巨大的财务挑战。

Established in 2009 as a temporary initiative to promote emerging industries and take on long-term, high-risk investments, the Japanese taxpayer-funded INCJ led the Renesas bailout. The Japanese government aimed to prevent Renesas technology from falling into foreign hands in response to a takeover bid from U.S. private equity firm KKR & Co.

日本纳税人资助的 INCJ 成立于 2009 年，是一项旨在促进新兴产业和进行长期高风险投资的临时举措，它牵头了瑞萨电子的救助计划。日本政府旨在防止瑞萨电子技术落入外国人手中，以应对美国私募股权公司 KKR & Co 的收购要约。

In recent years, INCJ has progressively sold off its stake in Renesas, aligning with its plan to exit all of its investments by March 2025.

近年来，INCJ 逐步出售其在瑞萨电子的股份，以配合其在 2025 年 3 月之前退出所有投资的计划。