GSR Capital has reportedly agreed to pay Nissan a total of $1 billion for the deal.
Sawai's move to diversify geographically comes amid slow growth in Japan's overall generic drugs market.
In November, KKR had bought autoparts maker Calsonic Kansei Corp
IPOs & Markets
Japan's Komatsu Ltd has agreed to buy U.S. mining equipment manufacturer Joy Global Inc for about $2.9 billion, its biggest-ever acquisition, in a bid
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