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Business deals

Blackstone to sell Japan supplement maker Alinamin to MBK for $2.2bn

OTC drugmaker focuses on overseas growth amid saturated domestic market

Alinamin Pharmaceutical has come out with a broader range of drinks and other products under Blackstone's ownership. (Photo by Moe Saito)

TOKYO -- Asian investment fund MBK Partners will buy Japan's Alinamin Pharmaceutical, a maker of supplements and nonprescription drugs, from Blackstone Group for an estimated 350 billion yen ($2.2 billion), Nikkei learned Tuesday.

MBK, which has experience in consumer goods with such acquisitions as Godiva's Asia-Pacific business and jewelry maker Tasaki, aims to use this know-how to boost Alinamin's value.

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