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TSE suspends trade in Dainippon Sumitomo Pharma
September 2, 2009 / 7:01 PM / 8 years ago

TSE suspends trade in Dainippon Sumitomo Pharma

TOKYO, Sept 3 (Reuters) - The Tokyo Stock Exchange said on Thursday it suspended trade on Dainippon Sumitomo Pharma Co (4506.T) from 2320 GMT after a source with knowledge of the situation said the Japanese drugmaker plans to offer $2.7 billion for U.S. drugmaker Sepracor Inc SEPR.O [ID:nN02545273].

“We have no comment at this point,” Dainippon Sumitomo Pharma said in a release.

Reporting by Mayumi Negishi

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