Japan chip materials maker Resonac looking to make deals, says CEO

Resonac Holdings

19/02/2025 02:40

TOKYO, Feb 19 (Reuters) - Japan's Resonac Holdings
 4004.T  is looking to make deals after reducing its borrowing
and wants to be involved when a state-backed fund exits from
peer JSR, the CEO of the chips materials maker said on
Wednesday. 
    "We will go on the offensive from this year," Hidehito
Takahashi told Reuters in an interview. 
    JSR has said it wants to drive consolidation in the industry
and was taken private by a state-backed fund last year. 
    "It's a fund so there will be an exit in the end," said
Takahashi.
    Resonac wants to be involved in that exit, he said. 
 

 (Reporting by Sam Nussey and Ritsuko Shimizu
Editing by Chang-Ran Kim)
 ((sam.nussey@tr.com;))