Sumco Corporation agreed to acquire Mitsubishi Polycrystalline Silicon America Corp and Semiconductor Polysilicon Business Of Mitsubishi from Mitsubishi Materials Corporation.

Sumco Corporation (TSE:3436) agreed to acquire Mitsubishi Polycrystalline Silicon America Corp and Semiconductor Polysilicon Business Of Mitsubishi from Mitsubishi Materials Corporation (TSE:5711) on October 28, 2022. The deal is expected to close by March 31, 2023.