Blackstone promoting Japan drugmaker Alinamin to MBK Companions By Reuters

TOKYO (Reuters) – Blackstone (NYSE:) and MBK Companions stated on Wednesday the U.S. personal fairness agency is promoting Japanese drugmaker Alinamin Pharmaceutical to the North Asian buyout fund.

The deal dimension could be 350 billion yen ($2.17 billion), a supply stated on Tuesday, nonetheless neither Blackstone nor MBK of their separate statements disclosed the transaction worth.

Blackstone acquired Alinamin in 2020 from Takeda Pharmaceutical in what it stated was the most important healthcare transaction in Japan.

Blackstone will re-invest an oblique, minority stake in Alinamin upon the closing of the transaction, it stated.

($1 = 161.5100 yen)