Canon to buy Toshiba Medical for around $6.2b

Canon to buy Toshiba Medical for around $6.2b

People walk past a Canon logo in Tokyo, Japan, October 27, 2015. REUTERS/Toru Hanai/Files

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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