Sony Corp and Fujifilm Holdings are leading contenders for an equity stake in Olympus Corp, sources familiar with the situation said, as the scandal-hit medical equipment maker moves to shore up its finances.
The field of possibilities has
Private equity firm TPG Capital is willing to invest about $1 billion in Japan's Olympus in a joint deal with Sony or another suitor circling the scandal-hit firm, a person familiar with TPG's thinking said.
TPG has informed executives at
Japan signalled plans to strengthen disclosure rules on mergers and acquisitions (M&A) after a $1.7 billion accounting fraud at Olympus Corporation, one of the nation's worst corporate scandals, which involved a series of shady deals.
Japan's Olympus admitted on Tuesday it hid losses on securities investments dating back two decades, bowing to weeks of pressure to explain a series of baffling transactions that have put the future of the firm in doubt.
Olympus has announced the UAE launch of 'Go 14,' its 2010 range of cameras that offers sharper picture clarity and greater power within a slim frame.
Olympus said it was the only manufacturer to offer nine new 14 megapixe
Olympus has launched its 'revolutionary' Pen E-P1 camera in the UAE, underlining its continuous commitment to technological innovation and achievement.
The new Pen E-P1 combines an incredibly small size and retro style and eve
Olympus Imaging Corporation and Samir Photographing Supplies have launched the eagerly awaited “E-3” professional digital camera in Saudi Arabia.
The new flagship Olympus E-System digital SLR cameras are for professionals and serious amate