Mitsui aims to accelerate business in healthcare and nutrition segments

Mitsui

TOKYO (Reuters) - Japanese trading house Mitsui & Co Ltd aims to accelerate its business expansion in healthcare and nutrition, using Malaysian hospital group IHH Healthcare Bhd and other assets, its chief executive officer (CEO) said on Friday.

Speaking at an analyst meeting following its earnings announcement last week, Mitsui CEO Kenichi Hori said: "What we are targeting in healthcare and nutrition areas in a long term is quite large."

However, he did not discuss a Bloomberg report on Thursday that Mitsui is exploring a deal to take IHH Healthcare private.

Mitsui is the biggest shareholder in IHH Healthcare, owning 32.9% stake.

 

(Reporting by Yuka Obayashi; Editing by Christian Schmollinger)


(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


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