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TOKYO -- Blackstone on Wednesday announced the sale of Alinamin Pharmaceutical, a Japanese over-the-counter drugmaker it acquired in 2020, to Seoul-based private equity fund MBK Partners in a deal estimated at 350 billion yen ($2.2 billion). The sale is latest in a series of transactions by the U.S. private equity giant in the Japanese health care sector.
The National Trades Union Congress (NTUC), an umbrella group of workers’ groups, established a close relationship with the ruling People’s Action Party (PAP) as early as the 1960s, and has been a launching pad for the careers of many politicians in the country, said Felix Tan, an independent political observer.
PESHAWAR, Pakistan (AP) — A roadside bomb planted on a bridge struck a rickshaw in northwest Pakistan on Friday, killing at least two people and wounding eight others, officials said.
In a busy port city along Pakistan’s southwestern coast, a newly built security barrier and hundreds of new checkpoints safeguard Chinese workers.
ISLAMABAD (AP) — A United Nations-led meeting held in Qatar with the Taliban on increasing engagement with Afghanistan does not translate into a recognition of their government, a U.N. official said Monday.
The Food and Drug Administration on Tuesday approved Eli Lilly's Alzheimer's drug donanemab, expanding the limited treatment options for the mind-wasting disease in the U.S.
After Elliott Management revealed a $1.9 billion stake in Southwest Airlines in June, an initial rally in the stock quickly fizzled. Rather than sparking typical cheer on Wall Street, Elliott's campaign, spelled out in a 50-page presentation, led to confusion and concern among investors and customers.