JSR to Accept Tender Offer by Innovation Network Corporation of Japan

JSR will accept a tender offer by JIC Capital (JICC), a wholly owned subsidiary of the Innovation Network Corporation of Japan (JIC), through its wholly owned subsidiary JICC-02. JSR will be delisted and become a wholly owned subsidiary of JICC-02. The total purchase price is expected to be approximately 904 billion yen ($6.28 billion). By going private, JSR will be…