Mitsubishi Chemical to sell drug unit to Bain Capital for $3.3bn
TOKYO -- Japan's Mitsubishi Chemical Group announced on Friday the agreed sale of its pharmaceutical subsidiary, Mitsubishi Tanabe Pharma, to U.S. investment fund Bain Capital for approximately 510 billion yen ($3.36 billion), as it aims to turn around its sluggish core chemical business.
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I would like to thank the Leader and staff writer Jeremy Jones for writing an article about an overwhelming problem in McLeod County that is costing our county taxpayers millions in levy dollars.
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