trending Market Intelligence /marketintelligence/en/news-insights/trending/evydAclLefaf8bS6cjBf1w2 content esgSubNav
In This List

Canon closes Toshiba Medical Systems purchase

Blog

Europe: 5 key OTT trends to watch in 2022

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud


Canon closes Toshiba Medical Systems purchase

Canon Inc. on Dec. 19 closed its acquisition of Toshiba Medical Systems Corp. for a transaction value of ¥665.50 billion (US$5.69 billion).

The company offered ¥4,930.36 per share for the stake.

In addition to general closing conditions, the deal required additional review for antitrust concerns.

Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. was the financial adviser for Canon, and Kim & Chang was the legal adviser.