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Mitsui Chemicals and DBJ to buy JSR for $11.6 billion, filing shows

By Reuters News

By Anton Bridge

TOKYO, Nov 9 (Reuters) - Mitsui Chemicals 4183.T and the Development Bank of Japan (DBJ) will acquire chipmaking materials maker JSR from state-backed fund Japan Investment Corp (JIC) for 1.84 trillion yen ($11.61 billion), a filing showed on Monday.

Mitsui Chemicals will sell shares worth up to 150 billion yen to help finance the transaction, the filing said.

($1=158.4500 yen)

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