March 12, 2019 / 7:26 AM / 11 days ago

Fujifilm says to buy Biogen's subsidiary for around $890 mln

TOKYO, March 12 (Reuters) - Fujifilm Holdings Corp said on Tuesday it is buying a subsidiary of Biogen Inc , Biogen Denmark Manufacturing ApS, for around $890 million to bolster its healthcare business.

The acquisition is expected to be completed in August this year, it said.

The Japanese company last year announced that it would buy two biotechnology units of Japan’s JXTG Holdings Inc for about $800 million. (Reporting by Takashi Umekawa; Editing by Muralikumar Anantharaman)

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