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Canon to buy Toshiba Medical for around $6.2 billion: Nikkei

March 9, 2016 by · Leave a Comment 

TOKYO (Reuters) – Japan's Canon Inc is set to buy Toshiba Corp's medical equipment unit for 700 billion yen ($6.2 billion), beating rival Fujifilm Holdings Corp in a hotly contested auction, the Nikkei business daily reported on Wednesday.

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Canon to buy Toshiba Medical for around $6.2 billion: Nikkei

lower-interest

Sharp’s banks set to offer additional aid as part of Foxconn deal: source

March 9, 2016 by · Leave a Comment 

By Taro Fuse TOKYO (Reuters) – Sharp Corp's two main banks are set to lower interest rates on billions of dollars in loans and offer other financial support as part of a planned takeover by Taiwan's Foxconn, a source with direct knowledge of the plan said. The core banking units of Mitsubishi UFJ Financial Group Inc and Mizuho Financial Group Inc have extended the vast majority of Sharp's 510 billion yen ($4.5 billion) in syndicated loans which are…

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Sharp’s banks set to offer additional aid as part of Foxconn deal: source