Activist Murakami-linked funds own 5.11% stake in Japan's JSR, filing shows

JSR

02/04/2024 08:24

TOKYO, April 2 (Reuters) - Funds related to activist
shareholder Yoshiaki Murakami jointly own a 5.11% stake in
Japanese chip materials maker JSR Corp  4185.T , a regulatory
filing showed on Tuesday.
    JSR said last month that state-backed fund JIC was launching
a tender offer for its shares after a Chinese antitrust review
issue had been resolved. 
    JIC announced a $6.4 billion deal last June to buy JSR, a
major maker of photoresists used in chipmaking, to drive
consolidation within the sector in Japan.


 (Reporting by Kantaro Komiya; Editing by Jacqueline Wong)
 ((Kantaro.Komiya@thomsonreuters.com; Twitter: @kantarokomiya;))