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Fujifilm buys 66% stake in Toyama Chemical; later merges it with radiopharmaceuticals division
04 Dec 2018
Executive Summary
To diversify into the pharmaceutical industry, Fujifilm Holdings (photographic film, copiers, and camera supplies) is buying a 66% stake in Toyama Chemical for $1.1bn (Y114.5bn), paying $8.15 per share. In addition, Taisho Pharmaceutical will increase its stake in Toyama from 22% to 34%.
Deal Industry
- Diversified
- Pharmaceuticals
Deal Status
- Final
Deal Type
-
Acquisition
- Partial Acquisition
- Payment Includes Cash
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Fujifilm buys 66% stake in Toyama Chemical; later merges it with radiopharmaceuticals division
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