Japan's Marubeni takes on Sumitomo's Asia pharma business to make new company in deal worth up to $480M

Japanese conglomerate Marubeni is getting a 60% stake in the new company for 45 billion yen ($300 million), but can get the remaining 40% for 45 billion yen ($300 million) after 2029.

Apr 2, 2025 - 18:01
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Japan's Marubeni takes on Sumitomo's Asia pharma business to make new company in deal worth up to $480M
Japanese conglomerate Marubeni is getting a 60% stake in the new company for 45 billion yen ($300 million), but can get the remaining 40% for 45 billion yen ($300 million) after 2029.