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Mitsui Chemicals Says It Agreed to Buy JSR With DBJ in $8.8 Billion Deal

The planned purchase would shift the chip materials maker from state-backed JIC Capital to Mitsui Chemicals and the government-owned Development Bank of Japan.

Gloved hands inspect a patterned wafer under cleanroom lights / TokenPost.ai
Gloved hands inspect a patterned wafer under cleanroom lights / TokenPost.ai

Mitsui Chemicals said Monday, Nov. 9, it had agreed to acquire JSR together with the Development Bank of Japan (DBJ) in a transaction valued at $8.8 billion.

JSR is a chip materials maker. The planned acquisition would transfer the company from state-backed JIC Capital to Mitsui Chemicals and the government-owned DBJ.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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