An unknown buyer cancelled the acquisition of 7.3% stake in Riken Vitamin Co., Ltd. from Takeda Pharmaceutical Company Limited.
February 22, 2019
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An unknown buyer agreed to acquire 7.3% stake in Riken Vitamin Co., Ltd. (TSE:4526) from Takeda Pharmaceutical Company Limited (TSE:4502) on February 22, 2018. Under the terms of transaction, Takeda Pharmaceutical Company Limited will sell 1.2 million shares. Upon completion, Takeda Pharmaceutical Company Limited will hold 0.88 million shares. The transaction is expected to be completed by February 27, 2018.
An unknown buyer cancelled the acquisition of 7.3% stake in Riken Vitamin Co., Ltd. (TSE:4526) from Takeda Pharmaceutical Company Limited (TSE:4502) on February 22, 2019.
RIKEN VITAMIN CO., LTD. is a Japan-based food processing company. The Company operates its business through three segments. The Domestic Food segment is primarily engaged in the manufacture and sale of household food products, commercial food products and raw materials for food processing, including seaweed products, dressings, food extracts and seasonings, food improving agents, vitamin and health food. The Domestic Chemicals and Others segment is mainly engaged in the manufacture and sale of chemical improving agents and animal feed additives. The Overseas segment is mainly engaged in the manufacture and sale of improving agents for food and chemical products, as well as processed marine products and frozen vegetables. The Company distributes its products in Japan, Southeast Asia, South Asia, the Middle East, Oceania, Europe, Africa, the North America, Latin America, China, Taiwan and South Korea, among others.
RIKEN VITAMIN CO., LTD. 
