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| Yamanouchi Pharmaceutical to Transfer All Sanwell Shares to Asahi Breweries |
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Tokyo, Feb 2, 2005 (JCN) - Yamanouchi Pharmaceutical (TSE: 4503) has announced that it has decided to transfer the entire outstanding shares of Sanwell, its wholly owned subsidiary in health food business, to Asahi Breweries.
Through this transfer of shares, Yamanouchi aims to concentrate its management resources on the ethical pharmaceutical operations and strengthen its whole business.
The transfer is scheduled to be completed by the end of March.
Copyright © 2013 JCN. All rights reserved. A division of Japan Corporate News Network KK.
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