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Takeda to sell unit to Blackstone for $2.3b

Bloomberg Takeda Pharmaceutical Co agreed to sell its Japanese consumer healthcare business for 242 billion yen ($2.3 billion) to Blackstone Group Inc, which plans to take the over-the-counter medication unit public in about five years. For the drugmaker, the sale could represent one of the last big pieces of its plan to dispose $10 billion in assets after its $62 ...

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Bali to remain closed to foreigners

Bloomberg The Indonesian island of Bali will remain closed to foreign visitors for the rest of 2020 after authorities postponed a plan to welcome back international tourists from September 11 as the coronavirus continues to spread. “The Indonesian government couldn’t reopen its doors to foreign travellers until the end of 2020 as we remain a red zone,” Bali Governor Wayan ...

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Nintendo adds fresh $3b as Robinhood traders press play

Bloomberg Nintendo Co added another $3 billion in market value in Tokyo on Monday with retail investors on the Robinhood app cited as helping to further boost the game maker’s popularity. Nintendo has been one the strongest-performing blue-chip stocks in Japan this year, as the pandemic, together with the release of its smash-hit Animal Crossing: New Horizons game, helped boost ...

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