Takeda Pharmaceutical Co. Ltd. to Focus on Integration Versus Mergers for Near Future, Executive Says

While Japan's companies are stepping up their overseas asset buying, the company behind the biggest cross-border deal this year, Takeda Pharmaceutical Co., said it has no near-term plans for another mega-M&A deal. Yasuchika Hasegawa, the president of the country's No. 1 drug maker by sales and also chairman of one of Japan's largest business groups, said that having bought Switzerland's Nycomed, his company is now focusing on a delicate part of the M&A process that many companies have trouble tackling successfully—integrating acquisitions.

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