The Japanese consortium of Mitsui and Rohto Pharmaceutical has bought 86 per cent of Eu Yan Sang.
SINGAPORE: A Japan ese consortium has completed the acquisition of Singapore-based traditional Chinese medicine company Eu Yang Sang International for S$695 million .
It said then that the consortium was also planning a takeover bid for the remaining 14 per cent of Eu Yan Sang, while the founding family members of the company would reinvest partially into the Mitsui-Rohto special purpose company. Mr Richard Eu, chairman of Eu Yan Sang International and the great-grandson of founder Eu Kong, said the company is grateful for its partnership with Tower Capital Asia and Temasek.Singapore's Eu Yan Sang to be acquired by Mitsui, Rohto Pharmaceutical for US$594 million
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