Take­da posts 'for-sale' sign on com­pa­ny's an­ces­tral home in Os­a­ka in ef­fort to fund Shire buy­out

Faced with pres­sures of debt that will ac­com­pa­ny its mam­moth Shire ac­qui­si­tion, Take­da is sell­ing its Os­a­ka head­quar­ters in a move to add about $542 mil­lion (60 bil­lion yen) to the bank.

The news, first re­port­ed by Nikkei, comes just as the Japan­ese drug­mak­er cut the rib­bon on its shin­ing new Tokyo digs, and sym­bol­izes — at least to some — an­oth­er de­par­ture from its roots. Since its found­ing in 1781, Take­da has been based in Os­a­ka.

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