JIC to launch $6B tender offer for JSR on March 19

Japan Investment Corp. (JIC) plans to launch a tender offer for JSR Corp. as early as March 19, 2024, valued at $6 billion (¥4,350 per share), after securing China's antitrust approval. The deal is central to Japan's semiconductor ambitions.

“Japan Investment Corp. plans to launch a tender offer as early as March 19, said people familiar with the matter.”news.bloomberglaw.com

• 1 source
• news.bloomberglaw.comJIC’s $6 Billion Tender Offer for JSR Slated to Begin Next WeekTaro Fuse, Yuki FurukawaMar 14, 2024

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