Canon completes acquisition of Toshiba Medical Systems for 40 billion USD

TOSHIBA Medical Systems is a subsidiary of TOSHIBA Corporation, which specializes in the manufacture and sale of medical imaging equipment such as MRI and X-ray inspection instruments. In March 2016, financial fraud problems were exposed and Toshiba announced the sale of the subsidiary. Fujifilm Holding tried to acquire, but Canon eventually won and paid 665,5 billion Yen.

China Bio news release, December 23, 2016

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