TOKYO -- China's Ping An Insurance Group will take a 10% voting stake in Tsumura & Co., the Japanese traditional drugmaker said Friday, in a tie-up that serves both sides' desire to push further into promising markets.
Ping An will become Tokyo-based Tsumura's largest shareholder through a 27.3 billion yen ($243 million) private placement of shares.
By continuing to browse this website, you accept cookies which are used for several reasons such as personalizing content/ads and analyzing how this website is used. Please review our
to learn how you can update your cookie settings.