Brief: Sawai Pharmaceutical completes sale of 20 pct stake in Upsher-Smith Laboratories

SAWAI group

04/01/2018 02:40

Jan 4 (Reuters) - Sawai Pharmaceutical Co Ltd  4555.T  : 
       
    * Says 20 percent stake in Upsher-Smith Laboratories LLC, 
which 
was wholly owned by co's unit SAWAI AMERICA, LLC, has been 
transferred to SUMITOMO CORP's wholly owned US-based unit 
Sumitomo Corporation of Americas, on Jan. 3 
    * Transaction amount is $211 million (about 23.2 billion 
yen) 
 
     
    Source text in Japanese: https://goo.gl/oEYvUe 
    Further company coverage: 4555.T  
 
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