TOKYO, Dec 12 (Reuters) - State-backed Japan Investment Corp will join hands with Dai Nippon Printing and Mitsui Chemicals to buy out Shinko Electric Industries for more than 800 billion yen ($5.50 billion), Bloomberg reported on Tuesday.

The consortium will announce the tender offer bid as soon as this week, the report said. ($1 = 145.4400 yen) (Reporting by Chang-Ran Kim Editing by Shri Navaratnam)