
Buyout wave seen among Japan drugmakers after Hisamitsu deal
Drugmakers are opting to delist in order to seek greater management flexibility amid dual pressures of short-term investor scrutiny and government-forced price cuts.
The Japan TimesHisamitsu Pharmaceutical surged the most in more than 47 years after the Japanese maker of pain-relief patches announced it would go private in a management buyout valued at about $2.9 billion.
https://www.japantimes.co.jp/business/2026/01/07/markets/hisamitsu-shares-jump-buyout/?utm_medium=Social&utm_source=mastodon #business #markets #hisamitsu #salonpas #pharmaceuticals #acquisitions
Hisamitsu shares jump most since 1978 on $2.9 billion buyout
The proposed offer of ¥6,082 per share represents a roughly 35% premium to Hisamitsu’s unaffected closing price on Monday.
The Japan TimesHisamitsu Pharmaceutical’s management is considering a takeover bid to privatize the Japanese maker of pain-relief patches in a deal that could be worth around ¥450 billion ($2.9 billion).
https://www.japantimes.co.jp/business/2026/01/06/companies/salonpas-hisamitsu-tob/?utm_medium=Social&utm_source=mastodon #business #companies #hisamitsupharmaceutical #salonpas #pharmaceuticals
CEO of Salonpas maker seeks to take $2.9 billion drug firm private
A growing list of companies are exiting the public market to shield themselves from growing regulatory and investor pressure to lift valuations and implement more oversight.
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