Mitsui Chemicals to take over chip linchpin JSR for $12 billion

Summary
The deal would further a government-backed effort to consolidate Japan's fragmented semiconductor-materials industry.
Description from The Japan Times.
Who is covering this
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Mitsui Chemicals agreed to acquire chip materials maker JSR at an $8.8 billion equity value
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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Mitsui Chemicals to take over chip linchpin JSR for $12 billion
The deal would further a government-backed effort to consolidate Japan's fragmented semiconductor-materials industry.

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