CVC Capital, an investment company, agreed to acquire Sogo Medical, Japan's fifth biggest pharmacy by store numbers, from Polaris Capital Group, a private equity firm, for $1.2bn. "We are looking forward to working together with Sogo as one to continue its development and expansion, while making sure we uphold the company’s long-term philosophy," Atsushi Akaike, CVC Managing Partner and Co-Head of Japan.