Tokio Marine puts Japanese drug maker up for sale
Japanese buyout firm Tokio Marine Capital is reportedly set to exit its majority stake in Showa Yakuhin Kako, a domestic drug making company, and has hired Citigroup to advise on the sale.
A group of Japanese investors have expressed interest in the stake acquisition, Reuters reported. The size of the stake was not disclosed. Tokyo-based Showa Yakuhin Kako manufactures and distributes...
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