Blackstone Makes $2.3 Billion Deal for Japan Drug Business

  • 📰 WSJ
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Blackstone is buying Takeda Pharmaceutical's consumer health-care unit for $2.3 billion, as the Japanese company pushes ahead with a plan to pay down debt incurred from its Shire acquisition

Blackstone Group Inc. is buying the consumer health-care business of Japan’s Takeda Pharmaceutical Co. for ¥242 billion , one of the larger private-equity acquisitions in a country where such deals are slowly expanding.

Takeda has been pushing ahead with a plan to divest $10 billion worth of assets to pay down debt it incurred from the $58 billion acquisition of Shire PLC last year. The drugmaker has said it wants to focus on prescription drugs.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The Blackstone Group Inc. is an American multinational private equity alternative investment management and financial services firm based in Midtown Manhattan, New York Cityworld trade market new York stockexchange and chinese stock mas productionscovid19

pharma corps are one if the biggest evils on earth today

Blackstone buying drug business and buying in 1 week itself 👀🤷‍♂️.. Whats amiss here.!?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

IB salaries revealed — Blackstone's credit division drama — Headhunters to know - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Fights with customers over mask mandate force Texas business to hire security: 'They're making a scene'A Texas restaurant chain has hired off-duty police in response to hostile customers who refuse to wear masks. Pathetic. This has nothing to do with 'rights'. It is just people that are such uncaring snowflakes that they can't possibly be burdened to even do the tiny inconvenience that would help protect the lives of their fellow citizens. AntiPatriots AntiAmerica AntiAmericans 'People eating and drinking or seated at a restaurant are included in the exemptions' -- does COVID become non-contagious when ppl eat in public? Despite exemptions being nonsensical, those opposed to masks shouldn't torment small business owners over EOs by governators Business Suicide
Source: Newsweek - 🏆 468. / 52 Read more »

A $200K freelancer shares 3 big mistakes she made when starting out - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 😉💙
Source: BusinessInsider - 🏆 729. / 51 Read more »