A post by @FirstSquawk on X.

Mitsui Chemicals and the Development Bank of Japan have agreed to acquire semiconductor materials maker JSR in a deal valued at $8.8 billion, according to a WSJ report relayed by First Squawk. The transaction would take JSR private through a joint bid by the industrial group and the state-backed lender, marking one of Japan's largest recent corporate buyouts. The move matters because it consolidates ownership of a key supplier of photoresists and other chipmaking materials at a time of heightened focus on semiconductor supply chain security. Watch for formal confirmation of the deal terms, financing details from DBJ, and any regulatory review timeline.