# Mitsui Chemicals to buy JSR for ¥1.84 trillion with DBJ backing

_Published Sunday, November 8, 2026 at 11:05 PM EST · Infrastructure · Latest · Tier 2 — Notable_

Mitsui Chemicals is buying chip materials company JSR for ¥1.84 trillion ($12 billion), with support from the state-backed Development Bank of Japan, the companies said in a Monday filing.

Mitsui Chemicals and DBJ will acquire all JSR shares from government-backed Japan Investment Corp. The transaction would strengthen Mitsui Chemicals' control over a key chip materials business. DBJ will pay ¥200 billion in cash for a stake that will be converted into preferred shares without voting rights.

## Sources

- [Bloomberg Technology](https://www.bloomberg.com/news/articles/2026-11-09/japan-s-mitsui-chemicals-dbj-to-buy-jsr-for-12-billion)

---
Canonical: https://techandbusiness.org/newswire/8snXf0sGWFp0mXZXKsWh1h
Published: 2026-11-09T04:05:43.683Z
Story chronology: 2026-11-09T02:16:56.399Z
Retrieved: 2026-11-09T07:12:08.957Z
Publisher: Tech & Business (techandbusiness.org)