State-backed Japan Investment Corp is in talks to buy the country's top chipmaker, JSR Corp, for about 1 trillion yen , the Nikkei reported on Saturday.
If the deal goes through, JSR would delist from the Tokyo Stock Exchange as soon as 2024, according to Nikkei. To purchase JSR, JIC intends to establish a new company with 500 billion yen in capital, while Mizuho Bank will provide another 400 billion yen in finance.
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