Japan Fund to Sell JSR to Mitsui

State-backed Japan Investment Corporation plans to sell chipmaking materials maker JSR to Mitsui Chemicals in a multi-billion dollar transaction. The deal could exceed 1.3 trillion yen and ranks among the largest in Japan's chemicals sector.

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FILE PHOTO: Japan Investment Corp's (JIC) logo is seen at the state fund's office in Tokyo, Japan May 20, 2025. REUTERS/Miho Uranaka/File Photo

Japan Investment Corp plans to sell chipmaking materials maker JSR to Mitsui Chemicals in a deal exceeding 1.3 trillion yen ($8.20B), people familiar with the matter said late evening.