Mitsui Chemicals announced a transaction to acquire JSR. The total value is approximately ¥1.8 trillion, with the aim of strengthening its semiconductor materials business.
Mitsui Chemicals announced its policy of acquiring JSR, with the total transaction value reportedly amounting to approximately ¥1.8 trillion. The reported objective is to strengthen its supply capacity for semiconductor-related materials.
The acquisition is expected to expand the two companies' development and supply systems for semiconductor materials, with the aim of ensuring stable supplies and improving technological capabilities.
The counterparty to the transaction is JSR. The article does not specify the expected completion date or provide details of the procedures. Further developments and the status of the approval process may be reported going forward.