Toshiba Medical Systems Joins Fray to Buy Takeda's Chemical Unit

Toshiba Medical Systems has made an offer to acquire a Takeda Pharmaceutical subsidiary, setting the stage for a bidding war with its two main rival medical equipment manufacturers.

Fujifilm Holdings and the Hitachi group also participated in the first round of bidding for Wako Pure Chemicals Industries. Multiple investment firms are believed to have submitted bids by Tuesday's deadline as well.

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