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Blackstone buys Takeda’s health care business for $2.3B

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Private equity firm Blackstone acquired Takeda Consumer Healthcare for $2.3 billion.

The sale of the over-the-counter medicine company could lead to others in the market considering sales, the Financial Times reports.

"Everyone was waiting for Takeda to do this as a benchmark,” said Atsuhiko Sakamoto, a senior managing director for Blackstone in Japan.

Read more from the Financial Times.

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