Fresenius sold its transplantation medicine and anti-cancer cell drug to Neopharm. (Photo : Reuters)The image is the front foyer of German healthcare giant Fresenius SE.
Tags: Healthcare unit
KKR considers joining forces with Japanese investment fund to buy Panasonic unit- reports
Media reports said US private equity firm KKR was considering an alliance with a Japanese government-backed investment fund for its bid of the healthcare unit of Panasonic.
KKR set to purchase Panasonic healthcare unit
KKR contemplating partnership with INCJ for the purchase of Panasonic's healthcare unit. Private equity firm KKR, according to sources with knowledge of the transaction, is contemplating if it would enter into a partnership agreement with state supported Innovation Network Corporation of Japan.
KKR get preferential negotiating rights for Panasonic stake- sources
Sources told Reuters that KKR would be favored by Panasonic to acquire a majority stake in its healthcare business.
Vivus Inc signs erectile dysfunction drug deal worth Eur95 million
Vivus Inc signed an impotence drug deal with Italy's Menarini Group for Eur95 million. Vivus Inc announced that it signed a contract with Italy's Menarini Group worth Eur95 million or US$121.
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Many buyout firms and manufacturing companies are eyeing the sale of Panasonic's healthcare unit.
Panasonic of Japan is selling part of its shareholdings in its healthcare unit for expansion plans. Panasonic Corp of Japan has engaged the services of Bank of America Merrill Lynch in order to sell a part of its healthcare subsidiary, The deal could raise as much as US$1 billion for the electronics company, according to two sources familiar with the transaction who spoke on condition of anonymity.
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