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Japan-backed fund to buy chip materials maker JSR for $6 4 billion

Japan-backed fund to buy chip materials maker JSR for $6 4 billion
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Japan-backed fund to buy chip materials maker JSR for $6 4 bln

The move by Japan Investment Corp (JIC), overseen by the powerful trade ministry, is the latest in a series of increasingly muscular government steps to try to regain Japan's lead in advanced chip production and maintain its edge as a maker of materials and tools used in their manufacture. JIC plans to launch a tender offer in late December offering 4,350 yen per share, a 35% premium to Friday's closing price, to take JSR private.

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Japan unveils ¥904 billion deal to buy out chip linchpin JSR

Japan unveils ¥904 billion deal to buy out chip linchpin JSR
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Japan unveils JSR buyout - Taipei Times

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Japan-backed fund JIC to buy chip materials maker JSR for $6 4 bn

Japan Investment Corp (JIC), a government-backed fund, has agreed to buy semiconductor materials maker JSR

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