Terumo proposes Olympus tie-up, $640 million investment – The Guardian

TOKYO (Reuters) – Japanese medical device maker Terumo Corp 4543.T> said on Thursday it is proposing to invest 50 billion yen in scandal-hit Olympus Corp 7733.T> and form a joint holding company, sparking a surge in Olympus shares. Olympus spokesman Tsuyoshi Oshima said the company, which also makes …

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