Acquisition History / Japan Investment Corporation (JICC-02) / JSR Corporation
Japan Investment Corporation (JICC-02) Acquires JSR Corporation
Announced March 19, 2024 — $5.10B
What happened
State-backed Japan Investment Corporation, through JICC-02, ran a tender offer for semiconductor materials maker JSR from 19 March to 16 April 2024, stating the aim of strengthening the international competitiveness of Japan's semiconductor materials industry. JSR supported the bid and was set to delist. JICC-02 ended with 84.36% and paid JPY 761.776bn.
- Target
- JSR Corporation
- Announced
- March 19, 2024
- Price
- $5.10B
- Industry
- Semiconductor materials
- Buyer type
- Private equity
- Fund vehicle
- JICC-02
- Backing investors
- Japan Investment Corporation
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Japan Investment Corporation (JICC-02) acquire JSR Corporation?
Japan Investment Corporation (JICC-02) acquired JSR Corporation on March 19, 2024. This was Japan Investment Corporation (JICC-02)'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Japan Investment Corporation (JICC-02) pay for JSR Corporation?
Japan Investment Corporation (JICC-02) paid $5.10B for JSR Corporation.
What does JSR Corporation do?
State-backed Japan Investment Corporation, through JICC-02, ran a tender offer for semiconductor materials maker JSR from 19 March to 16 April 2024, stating the aim of strengthening the international competitiveness of Japan's semiconductor materials industry. JSR supported the bid and was set to delist. JICC-02 ended with 84.36% and paid JPY 761.776bn.
What other Semiconductor materials companies has Japan Investment Corporation (JICC-02) acquired?
JSR Corporation is Japan Investment Corporation (JICC-02)'s only publicly tracked acquisition in Semiconductor materials so far.