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Shin-Etsu Chemical: Japanese chip material maker Shin-Etsu to launch $553 mln offer for Mimasu, ET Telecom - Vimarsana News

Shin-Etsu Chemical: Japanese chip material maker Shin-Etsu to launch $553 mln offer for Mimasu, ET Telecom

Shin-Etsu Chemical: Shin-Etsu will pay 3,700 yen per Mimasu share to raise its stake in the silicon wafer company to 100% from current 42.75%, and the tender offer is set to start in late July, the company said in a statement.