Mitsui Chemicals said on Monday it will acquire chipmaking materials maker JSR from state-backed fund Japan Investment Corp for 1.84 trillion yen ($11.61 billion), with the Development Bank of...
JSR's chemical customers include TSMC, Intel, and Samsung.
Japan’s Mitsui Chemicals Inc. is buying JSR Corp. for ¥1.84 trillion ($12 billion) with support from state-backed Development Bank of Japan to strengthen its hold over a key chip materials linchpin.
The Development Bank of Japan will invest ¥200 billion in non-voting preferred shares; closing is expected in the second half of fiscal 2027
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