Otsuka Of Japan Plans Largest Health-Care IPO To Reap $2.7 Billion
This article was originally published in PharmAsia News
Executive Summary
Japan's Otsuka Holdings expects to launch the world's largest initial public offering for a health-care company in at least the past four years
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Japan's Otsuka Holdings expects to launch the world's largest initial public offering for a health-care company in at least the past four years. Otsuka's asking price, if accepted, garner the firm $2.7 billion. As Japan's largest privately owned pharmaceutical, Otsuka also is considered the nation's fifth-largest drug maker. In addition to pharmaceuticals, Otsuka earns a third of its sales from food and drink products. (Click here for more) "Otsuka Sets Price Range For Initial Public Offering" - Bloomberg (U.S.) (11/25/10) |