“Nationalization” Renesas, President Shibata leads revival in large-scale M&A - stock prices are over 10 times
July 3, 2024 10:51 JST
9 projects since Mr. Shibata joined the company, to 2.6 trillion yen - highest profit renewal and redistribution
Altium acquisition is concerned about strategic direction and risk of valuation loss - analyst
Overseas mergers and acquisitions (M&A) by Japanese companies involve risks, and there are endless cases of failure, but it can be said that it is a rare case where the semiconductor manufacturer Renesas Electronics solidified the ground for revival by continuously handling large-scale M&A on the scale of hundreds of billions of yen from a state of factual nationalization. The key player is President and Chief Executive Officer (CEO) Shibata Hidetoshi, who has led the company as an executive for over 10 years.
9 projects since Mr. Shibata joined the company, to 2.6 trillion yen - highest profit renewal and redistribution
Altium acquisition is concerned about strategic direction and risk of valuation loss - analyst
Overseas mergers and acquisitions (M&A) by Japanese companies involve risks, and there are endless cases of failure, but it can be said that it is a rare case where the semiconductor manufacturer Renesas Electronics solidified the ground for revival by continuously handling large-scale M&A on the scale of hundreds of billions of yen from a state of factual nationalization. The key player is President and Chief Executive Officer (CEO) Shibata Hidetoshi, who has led the company as an executive for over 10 years.
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