Japan's Takeda Pharmaceutical Co Ltd plans to sell its consumer health unit for around 400 billion yen ($3.72 billion), Nikkei Business reported.
FILE PHOTO: Takeda Pharmaceutical Co's logo is seen at its new headquarters in Tokyo, Japan, July 2, 2018. REUTERS/Kim Kyung-Hoon/File Photo
Possible buyers of Takeda Consumer Healthcare Co include Taisho Pharmaceutical Co. and large investment funds, Nikkei reported. Spokespeople for both Takeda and Taisho declined to comment. Japan’s biggest pharma company would focus on overseas divestitures in its pledge to sell $10 billion of assets to reduce debt in the wake of the $59 billion purchase of Shire Plc, Weber said at the time.
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