trending Market Intelligence /marketintelligence/en/news-insights/trending/MjhSIO2mbLFTLRhbsb_k9g2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Reports: Fujifilm eyes Hitachi's diagnostic imaging arm for ¥170B

Blog

ESG hits the mainstream for European private equity sponsors

Blog

What’s the Bottom Line: Credit Impact of COVID-19 on US Municipals

Blog

Banking Essentials Newsletter - February Edition, Part 2

Podcast

Episode 1: Origins of 451 Research - Part 1


Reports: Fujifilm eyes Hitachi's diagnostic imaging arm for ¥170B

Fujifilm Holdings Corp. plans to acquire Hitachi Ltd.'s diagnostic imaging device unit for about ¥170 billion in a bid to bolster its healthcare business, the Nikkei Asian Review reported.

The companies' boards are scheduled to vote on the potential transaction Dec. 18, according to the Nikkei. A Fujifilm spokeswoman confirmed to Reuters that the company is considering an acquisition and would make an announcement when it is official.

Fujifilm has said it was planning to develop a diagnostic imaging product using its image processing technology with Fuji Xerox Co. Ltd.'s language processing capabilities, the Nikkei said. Xerox Holdings Corp. recently agreed to sell its 25% stake in Fuji Xerox to Fujifilm, giving the Japanese imaging company 100% ownership of the joint venture they established in 1962.

As of Dec. 17, US$1 was equivalent to ¥109.53.