Mitsui Chemicals announced plans to acquire JSR for more than ¥1.8 trillion. Japan Investment Corporation and Development Bank of Japan will provide funding, and JSR will become a consolidated subsidiary of Mitsui Chemicals.
Mitsui Chemicals announced plans to acquire JSR. The acquisition is expected to exceed ¥1.8 trillion, after which JSR is scheduled to become a consolidated subsidiary of Mitsui Chemicals.
Mitsui Chemicals is expected to establish a controlling ownership structure by jointly acquiring JSR, currently held by Japan Investment Corporation, with Development Bank of Japan. This is expected to advance integration in the semiconductor materials sector.