Japan's JIC to launch tender offer for JSR next week after China nod

Japan's JIC to launch tender offer for JSR next week after China nod

FILE PHOTO: Japan Investment Corporation's logo is pictured at its headquarters in Tokyo, Japan, June 26, 2023. REUTERS/Kim Kyung-Hoon/File Photo

Japanese state-backed fund Japan Investment Corp (JIC) will start a tender offer for chip materials maker JSR Corp’s shares on March 19 after it obtained Chinese regulators’ approval, Bloomberg News reported on Thursday.

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