September 2, 2009 / 11:41 PM / 10 years ago

Tokyo bourse suspends trade in Dainippon Sumitomo

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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