Mitsubishi Chemical to sell drug unit to Bain

Mitsubishi Chemical to sell drug unit to Bain in $3.36 billion deal
Japan's Mitsubishi Chemical said on Friday it will sell pharmaceutical unit Tanabe Mitsubishi Pharma to U.S. private equity firm Bain Capital in a deal worth 510 billion yen ($3.36 billion) as it seeks to streamline its portfolio.
Bain Is Said to Near $3 Billion Deal for Mitsubishi Pharma Unit
Bain Capital is nearing a deal to buy Mitsubishi Chemical Group Corp.’s pharmaceutical unit, people familiar with the matter said, adding to a dealmaking boom in Japan.
Bain is said to near 500 billion yen deal for Mitsubishi pharma unit
BAIN Capital is nearing a deal to buy Mitsubishi Chemical Group’s pharmaceutical unit, sources familiar with the matter said, adding to a dealmaking boom in Japan. Read more at The Business Times.
Bain to buy Japan's Mitsubishi Tanabe Pharma for $3.4 billion
U.S. private equity firm Bain Capital has bought Mitsubishi Tanabe Pharma in a deal worth 510 billion yen ($3.4 billion), saying it was encouraged by prospects of regulatory change for Japan's drug industry.
Bain Capital to Buy Mitsubishi Chemical’s Pharma Business
The Japanese chemical company has agreed to sell its pharmaceutical business to Bain Capital for more than $3 billion, in a bid to focus on its key businesses.
Bain Capital Nears Acquisition of Mitsubishi’s Pharma Division in $3.2 Billion Deal
Dubai Bain Capital is in the final stages of negotiations to acquire Mitsubishi Chemical Group’s pharmaceutical subsidiary, Mitsubishi Tanabe Pharma, for over 500 billion yen . This move aligns with Mitsubishi Chemical’s strategy to streamline its operations and concentrate on core sectors such as vehicle electrification,
Mitsubishi is speeding towards a financial cliff
Mitsubishi Motors is facing a tough financial year, with the company slashing its net profit forecast by a staggering 76%.
Japan's Mitsubishi 9-month net profit up 19% y/y
Japan's Mitsubishi Corp posted on Thursday a 19% increase in nine-month net profit to December to 827.4 billion yen ($5.43 ...
Paul Tan1d
Mitsubishi slashes FY2024 net profit forecast by 76% due to poor sales, increased competition
Mitsubishi may think it could be better off not joining the potentially sinking ship that is the Honda-Nissan merger, but ...
Sun Star2h
Mitsubishi commits P7-B investment in PH in 5 years
Mitsubishi Motors Corp.'s (MMC) has pledged to invest around PHP7 billion in the Philippines in the next five years, the ...
Mitsubishi reviews Japan offshore wind projects amid market shifts
Mitsubishi Corp on Monday said it is reviewing how to proceed with its offshore wind projects in Japan given a "significantly ...
Channel NewsAsia Singapore17h
Mitsubishi books US$439 million charge on Japan offshore wind projects
TOKYO: Japan's Mitsubishi Corp took a ¥66.8 billion (US$438.61 million) impairment charge on its domestic offshore wind ...
Mitsubishi 9-month Profit Climbs, Revenues Down; Confirms FY Outlook
Japanese conglomerate Mitsubishi Corp. (MBC.L, MSBHY.PK) reported Thursday that its profit attributable to owners of the parent for ...
Green Car Reports7d
Mitsubishi reportedly working on small electric SUV
A rumored relative to the next-generation Nissan Leaf would give Mitsubishi its first U.S. EV since the i-MiEV.
Business Wire4h
Mitsubishi Electric Again Named to CDP’s Climate and Water “A List” for 7th Time
Mitsubishi Electric Corporation (TOKYO: 6503) announced today that the international nonprofit CDP has once again given ...