# 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.

- Type: Acquisition
- Announced: 2024-03-14
- Where: Japan
- Value: $6.00B
- Status: announced
- Products: chipmaking materials
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [JSR Corporation](https://endata.com/companies/23191.md) (target)
- [Japan Investment Corp](https://endata.com/companies/74404.md) (acquirer)

## Sources

- [news.bloomberglaw.com](https://news.bloomberglaw.com/antitrust/jics-6-billion-tender-offer-for-jsr-slated-to-begin-next-week), 2024-03-14: "Japan Investment Corp. plans to launch a tender offer as early as March 19, said people familiar with the matter."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.