Shionogi to Acquire Torii Pharmaceutical

Tokyo, May 7 (Jiji Press)--Japanese drugmaker Shionogi & Co. said Wednesday that it will acquire Torii Pharmaceutical Co., a unit of Japan Tobacco Inc., for about 160 billion yen.
Shionogi will aim to make Torii a fully owned subsidiary by conducting a tender offer and buying JT's stake in the firm. JT will fully withdraw from the pharmaceutical business, transferring all related operations other than Torii to Shionogi as well.
(2025/05/07-21:50)
To read a full story, please click here to find out how to subscribe.
BUSINESS
-
05/09 10:42 3 Major Japan Shipping Firms Expect Sharp Profit Falls
-
05/08 21:42 (Update 3) NTT to Take Full Control of NTT Data Group
-
05/08 20:31 (Update) Nintendo Expects Higher Revenue, Profits on Switch 2
-
05/08 20:08 JFE to Halt Blast Furnace in Western Japan in FY 2027
-
05/08 19:26 (Update 2) Toyota Forecasts 34.9 Pct Drop in Annual Net Profit
-
05/08 19:06 Marubeni to Join Exxon Mobil's Hydrogen, Ammonia Project
-
05/08 18:33 Nidec Withdraws Takeover Bid for Makino Milling
-
05/08 18:17 NEC, KDDI to Consider Cybersecurity Collaboration
-
05/08 17:47 15 Hotel Operators in Tokyo Warned over Possible Price-Fixing
-
05/08 17:26 Nintendo's Revenue, Profits Fall on Weak Switch Sales
-
05/08 17:24 (Update) Toyota Forecasts 34.9 Pct Drop in Annual Net Profit
-
05/08 16:46 (Update 2) NTT Announces Plan to Fully Own NTT Data Group
-
05/08 15:08 Toyota Forecasts 34.9 Pct Drop in Net Profit
-
05/08 13:36 (Update) NTT to Take Full Control of NTT Data Group
-
05/08 13:07 NTT to Take Full Control of NTT Data Group
-
05/07 21:50 Shionogi to Acquire Torii Pharmaceutical
-
05/07 20:59 Mitsubishi Motors to Get EV Supplies from Foxconn
-
05/07 14:01 Mitsubishi UFJ to Set Up Online Bank in FY 2026
-
05/02 22:51 3 JR Firms Post Sales, Profit Growth
-
05/02 22:10 3 Major Japanese Traders Expect Lower Profits
-
05/02 21:06 Japanese Securities Firms to Compensate for Illegal Trade Damages
-
05/02 19:54 ANA, JAL Enjoy Solid Annual Sales Growth