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Japan’s Mitsui Chemicals, DBJ to Buy JSR for $12 Billion

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Japan’s Mitsui Chemicals, DBJ to Buy JSR for $12 Billion Japanese chemical maker Mitsui Chemicals Inc. and the Development Bank of Japan plan to buy chip materials firm JSR Corp. for ¥1.84 trillion ($12 billion), according to a filing on Monday. Mitsui Chemicals and DBJ will acquire all shares of JSR from its state-backed owner Japan Investment Corp., the filing said.

Japan’s Mitsui Chemicals, DBJ to Buy JSR for $12 Billion Japanese chemical maker Mitsui Chemicals Inc. and the Development Bank of Japan plan to buy chip materials firm JSR Corp. for ¥1.84 trillion ($12 billion), according to a filing on Monday. Mitsui Chemicals and DBJ will acquire all shares of JSR from its state-backed owner Japan Investment Corp., the filing said.
Japan (LOCATION) Mitsui Chemicals (ORG) JSR (ORG) Japanese (ORG) Mitsui Chemicals Inc. (ORG) the Development Bank of Japan (ORG) JSR Corp. (ORG) Japan Investment Corp. (ORG)
Originally published by Bloomberg Technology Read original →