Tsuruha Holdings is exploring a sale that could value the Japanese pharmacy chain at about $4 billion or even more, people familiar with the matter said, after winning a proxy fight with activist investor Oasis Management over a reshuffle of the board. https://www.japantimes.co.jp/business/2023/11/15/companies/tsuruha-pharmacy-considers-sale/?utm_content=bufferbcd3e&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #companies #tsuruha #hokkaido #stocks
Japan’s Tsuruha weighs sale after proxy battle with Oasis

The company is working with an adviser on the potential transaction and has reached out to some private equity firms to gauge their interest.

The Japan Times