Japanese state-backed fund Japan Investment Corp (JIC) will start a tender offer for chip materials maker JSR Corp's shares on March 19, as part of a $6.3 billion acquisition deal. The move comes as JIC seeks to expand its portfolio in the semiconductor industry and strengthen its position in the global market.
Microsoft Corp.'s plan to invest $2.9 billion to boost hyperscale cloud computing and artificial intelligence infrastructure in Japan sent ripples across the tech industry. The partnership between Microsoft and JIC could potentially drive innovation and technological advancements in the region.
The State-backed Japan Investment Corp (JIC) has stated that it encounters no specific issues with China's antitrust regulator regarding its acquisition of JSR Corp. This development highlights the importance of regulatory compliance and due diligence in cross-border investments.
Shin-Etsu Chemical Co. announced plans to build a new semiconductor materials plant in Is... This strategic move underscores Japan's commitment to expanding its semiconductor industry and fostering technological advancements.
The Japanese Investment Corp., a fund backed by the country's government, proposed to acquire JSR for around 903.9 billion yen. This significant deal reflects JIC's strategic investment approach and commitment to driving growth in key sectors.
The Japanese chemical maker JSR has agreed to be acquired by Japan Investment Corp. (JIC), an investment firm backed by the Japanese government. This acquisition signals a new chapter for JSR and underscores JIC's strategic vision for the semiconductor industry.
Kioxia Holdings has approached Japan Investment Corp. for a capital infusion to support its merger with Western Digital. This partnership could potentially reshape the landscape of the storage industry and drive innovation in data storage solutions.
TOKYO (Reuters) - Japanese state-backed fund Japan Investment Corp (JIC) will start a tender offer for chip materials maker JSR Corp, signaling a significant move in the semiconductor industry. The acquisition deal underscores JIC's strategic focus on expanding its presence in key markets.
Tokyo's $6.3 billion acquisition of JSR Corp has reignited discussions about state intervention in corporate deals and raised questions about the future of corporate reforms. The deal reflects Japan's strategic approach to fostering growth and innovation in key industries.
