Japan Investment Corp in $7 Billion Deal Talks With Chipmaker JSR -Nikkei

(Reuters) - State-backed Japan Investment Corp is in talks to buy the country's top chipmaker, JSR Corp, for about 1 trillion yen ($6.96 billion), the Nikkei reported on Saturday. The fund aims to make a tender offer as early as this year after clearing the buyout with domestic and foreign antitrust authorities, the report said.