Mitsubishi Chemical selects Bain Capital as preferred bidder for pharma unit in $3 billion deal.
From Investing.com: 2025-01-20 22:45:36
Japan’s Mitsubishi Chemical Group selects Bain Capital as preferred bidder for Tanabe Mitsubishi Pharma in a deal worth over $3 billion. Final negotiations underway, with potential sale for more than 500 billion yen ($3.2 billion). Company denies Nikkei report, stating continuous review of business portfolio with divestiture as an option. Blackstone and Bain Capital previously final bidders for Mitsubishi Tanabe Pharma in deal worth $3-3.5 billion. ($1 = 156.3500 yen)
Read more at Investing.com: Mitsubishi Chemical picks Bain as preferred bidder for pharma unit, sources say By Reuters
