Daiichi Sankyo, Japan's third-largest drugmaker, may sell debt to raise half the cost of its $4.6 billion acquisition of Ranbaxy Laboratories, the biggest Indian pharmaceuticals company.

<tr><td><p class='TableClas'></p><P class='TableClas'> <DIV CLASS=rightDiv><script language="JavaScript">
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		</script> </DIV><p class='TableClas'>A bond sale is "one option" along with bank borrowing to cover the rest, he added. "We'll consider the best way to raise the money," Shoda said. Daiichi Sankyo will keep about $1.9 billion of cash on hand for day-to-day operations and apply the rest to expansion or to share buybacks and dividends, he said. </P></p></table>


Daiichi may sell debt to fund Ranbaxy buy

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