Business / Corporate Dec 17, 2018

Taisho said to near $1.6 billion deal for Bristol-Myers unit

Taisho Pharmaceutical Holdings Co. is nearing a deal to buy Bristol-Myers Squibb Co.'s French over-the-counter unit, people familiar with the matter said, as the Japanese drugmaker seeks to boost its overseas presence. An agreement for the consumer-health business could be announced as soon as this ...