Fuji Film Transfers Toyama Chemical Shares To Taisho Pharmaceutical
This article was originally published in PharmAsia News
Executive Summary
Fuji Film and Taisho Pharmaceutical confirmed Oct. 24 their holding ratios of Toyoma Chemical shares, the company they jointly purchased in February. Taisho has increased investment to acquire some shares that were held by Fuji Film, which agreed to transfer the shares to Taisho to achieve their planned holding ratio of 66 percent for Fuji and 34 percent for Taisho. The two companies completed the takeover bid for Toyama Oct. 16 but did not announce the amount of payment. (Click here for more - Japanese language