Blackstone said to be weighing exit options for Japan-based Ayumi Pharmaceutical

Blackstone said to be weighing exit options for Japan-based Ayumi Pharmaceutical

US private equity (PE) giant Blackstone is understood to be exploring exit options for Japan-based Ayumi Pharmaceutical Corp, in a deal that could value the specialty pharmaceutical company at at least $1 billion.

Bloomberg was the first to report the development, saying Blackstone was working with potential advisers on options including an initial public offering and a sale.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter