Skip to navigationSkip to content

Henry Kravis is starting a bidding war with Japan

Published Last updated This article is more than 2 years old.

A link from Financial Times

An investment fund controlled by the Japanese government is considering a Y100 billion ($1.3 billion) investment in Renesas, a troubled computer chip manufacturer that is the subject of a takeover bid by private equity fund KKR. Renesas is a key supplier to Japan’s auto industry, hence interest from the government-backed consortium, but an investment may only delay future coups by foreign dealmakers in Japan’s struggling economy.

📬 Kick off each morning with coffee and the Daily Brief (BYO coffee).

By providing your email, you agree to the Quartz Privacy Policy.