Mitsui Chemicals and DBJ plan ¥1.84 trillion JSR acquisition
Mitsui Chemicals announced plans to acquire semiconductor materials maker JSR jointly with the Development Bank of Japan in a transaction totaling ¥1.84 trillion. Planned funding includes a ¥1.64 trillion bridge loan and ¥200 billion from DBJ, with Mitsui considering up to ¥150 billion in common-equity financing. The company aims to replace the bridge loan within a year of completion. Closing is targeted for the second half of Japan’s fiscal 2027, subject to regulatory approvals and other conditions.