Brief: Sawai Pharmaceutical to sell 20 pct stake in SAWAI AMERICA for $211 mln

SAWAI group

13/11/2017 06:15

Nov 13(Reuters) - Sawai Pharmaceutical Co Ltd  4555.T  
     
    * Says it plans to sell 20 percent stake in a wholly owned 
U.S.-based unit SAWAI AMERICA INC to Sumitomo Corporation of 
Americas, a wholly owned unit of SUMITOMO CORPORATION  8053.T , 
for $211 million (23.2 billion yen) 
    * Transaction will be completed as of the end of March 2018 
 
     
     
    Source text in Japanese:https://goo.gl/Q3ugSZ 
    Further company coverage: 4555.T  8053.T  
 
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