Mitsui Chemicals agrees to acquire JSR from JIC Capital funds

By Public Technologies
  • Mitsui Chemicals agreed to acquire JSR jointly with Development Bank of Japan from JIC Capital-managed funds for cash.
  • JSR will become a subsidiary, with Development Bank of Japan's common shares converted into non-voting preferred shares.
  • Completion is targeted for the second half of the fiscal year ending March 2028.
  • The acquisition will strengthen the semiconductor materials business, targeting approximately 40 billion yen in annual incremental profit by fiscal 2035.
  • The planned Basic & Green Materials business split-off will expand to include Mobility Solutions, creating an integrated polymer business.


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