Japan's Shionogi to buy Torii Pharmaceutical for $1 billion, Nikkei says

JAPAN TOBACCO

07/05/2025 06:30

TOKYO, May 7 - Japanese drugmaker Shionogi 4507.T plans to acquire Torii Pharmaceutical 4551.T for about 150 billion yen ($1.01 billion), the Nikkei reported on Wednesday.

Shionogi will buy Torii shares from Japan Tobacco Inc 2914.T and other shareholders in a tender offer, according to the Nikkei.

(Reporting by Kantaro Komiya
Editing by Chang-Ran Kim)

((ran.kim@thomsonreuters.com))