Fujifilm to make Toyama Chemical subsidiary via tender offer

Fujifilm to make Toyama Chemical subsidiary via tender offer

TOKYO, Japan - Fujifilm Holdings Corp. President Shigetaka Komori, Taisho Pharmaceutical Co. President Akira Uehara and Toyama Chemical Co. President Masuji Sugata (L to R) shake hands Feb. 13 after attending a news conference in Tokyo where Fujifilm said it will launch a friendly tender offer for shares in Toyama Chemical and turn the drug maker into a subsidiary. Fujifilm will acquire 66.7 percent of Toyama while Taisho, Toyama's current top shareholder with a 21.8 percent stake, will raise its stake by acquiring an additional 14.93 million Toyama shares.

Fujifilm to make Toyama Chemical subsidiary via tender offer

Fujifilm to make Toyama Chemical subsidiary via tender offer

TOKYO, Japan - Taisho Pharmaceutical Co. President Akira Uehara, Fujifilm Holdings Corp. President Shigetaka Komori and Toyama Chemical Co. President Masuji Sugata, (L to R) shake hands Feb. 13 after attending a news conference in Tokyo where Fujifilm said it will launch a friendly tender offer for shares in Toyama Chemical and turn the drug maker into a subsidiary. Fujifilm will acquire 66.7 percent of Toyama while Taisho, Toyama's current top shareholder with a 21.8 percent stake, will raise its stake by acquiring an additional 14.93 million Toyama shares.

Taisho Pharmaceutical, Toyama Chemical to form alliance

Taisho Pharmaceutical, Toyama Chemical to form alliance

TOKYO, Japan - Katsuhiko Nakano (L), president of Toyama Chemical Co., and Akira Uehara, president of Taisho Pharmaceutical Co., shake hands in Tokyo on Aug. 9 before their announcement of a business alliance between the two companies at a press conference. They said Taisho will take a stake of about 20% in Toyama Chemical Co. in September and form an alliance in the field of prescription drugs.

Fujifilm to make Toyama Chemical subsidiary via tender offer

Fujifilm to make Toyama Chemical subsidiary via tender offer

TOKYO, Japan - Fujifilm Holdings Corp. President Shigetaka Komori, Taisho Pharmaceutical Co. President Akira Uehara and Toyama Chemical Co. President Masuji Sugata (L to R) shake hands Feb. 13 after attending a news conference in Tokyo where Fujifilm said it will launch a friendly tender offer for shares in Toyama Chemical and turn the drug maker into a subsidiary. Fujifilm will acquire 66.7 percent of Toyama while Taisho, Toyama's current top shareholder with a 21.8 percent stake, will raise its stake by acquiring an additional 14.93 million Toyama shares. (Kyodo)

Fujifilm to make Toyama Chemical subsidiary via tender offer

Fujifilm to make Toyama Chemical subsidiary via tender offer

TOKYO, Japan - Taisho Pharmaceutical Co. President Akira Uehara, Fujifilm Holdings Corp. President Shigetaka Komori and Toyama Chemical Co. President Masuji Sugata, (L to R) shake hands Feb. 13 after attending a news conference in Tokyo where Fujifilm said it will launch a friendly tender offer for shares in Toyama Chemical and turn the drug maker into a subsidiary. Fujifilm will acquire 66.7 percent of Toyama while Taisho, Toyama's current top shareholder with a 21.8 percent stake, will raise its stake by acquiring an additional 14.93 million Toyama shares. (Kyodo)

Taisho Pharmaceutical, Toyama Chemical to form alliance

Taisho Pharmaceutical, Toyama Chemical to form alliance

TOKYO, Japan - Katsuhiko Nakano (L), president of Toyama Chemical Co., and Akira Uehara, president of Taisho Pharmaceutical Co., shake hands in Tokyo on Aug. 9 before their announcement of a business alliance between the two companies at a press conference. They said Taisho will take a stake of about 20% in Toyama Chemical Co. in September and form an alliance in the field of prescription drugs. (Kyodo)