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home / news releases / KYKOF - Kyowa Kirin mulling sale of certain pharma assets for $1B - Bloomberg News

KYKOF - Kyowa Kirin mulling sale of certain pharma assets for $1B - Bloomberg News

Kyowa Hakko Kogyo
Japan's Kyowa Kirin (OTCPK:KYKOF) is thinking of selling certain international assets which could bring in $1B, Bloomberg News reported citing people with knowledge of the matter. The company intends to explore the sale of some assets of its Kyowa Kirin International unit and has hired a financial adviser for the purpose. The potential sale has seen interest from certain financial investors, the report added citing people familiar with the matter. The discussions are in a preliminary stage and the Japanese drugmaker could choose to back away, the report noted.

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Kyowa Kirin mulling sale of certain pharma assets for $1B - Bloomberg News
Stock Information
Company Name: Kyowa Hakko Kogyo
Stock Symbol: KYKOF
Market: OTC
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