Mitsui Chemicals to Acquire JSR With Development Bank of Japan for $8.8 Billion
JSR is a maker of photoresists and other semiconductor materials
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Kosaku NariokaMitsui Chemicals intends to acquire all of JSR’s voting rights, while DBJ is expected to convert the common shares it will acquire into nonvoting preferred shares. richard a. brooks/Agence France-Presse/Getty Images
has agreed to acquire semiconductor materials maker JSR jointly with government-owned Development Bank of Japan for about $8.8 billion.
The Japanese chemical company said Monday that it would acquire JSR, a maker of photoresists and other semiconductor materials, from state-backed JIC Capital.
