TOKYO -- Japanese trading house Marubeni said Tuesday it will purchase a majority stake in Sumitomo Pharma's drug sales business in Asia for roughly 45 billion yen ($301 million).
Business deals
Japan's Marubeni to buy Sumitomo Pharma's Asia business for $300m
Trading house has drug sales operations in Africa and Middle East
Marubeni sells pharmaceutical products in Africa and the Middle East and looks to expand its reach in Asia. © Reuters
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