According to the Kyodo News Agency on June 30, the Japan Fair Trade Commission announced on the 30th that it would allow Canon to acquire Toshiba’s medical device subsidiary Toshiba Medical System (located in Otawara, Tochigi Prefecture), but believes that the acquisition process may violate the anti-monopoly. The provisions of the Law require Canon to pay attention.
Japan Fair Trade Commission allows Canon to acquire Toshiba Medical
The committee’s cautionary attention to the acquisition process is very rare, and it also stated that “there will be a strong demand in the future to avoid ignoring procedural obligationsâ€.
Toshiba, which is in the process of restructuring, announced in March that it would sell Toshiba Medical to Canon at a price of approximately 665.5 billion yen (about 43.1 billion yuan). Toshiba will use the funds to strengthen its own capital to help restore performance.
Toshiba's financial performance deteriorated in 2015 due to the decline in profitability due to financial fraud and the large-scale layoffs. In order to restore its own capital, the company conducted a tender for the sale of the quality subsidiary Toshiba Medical.
Tetanus Vaccine,Hepatitis B Vaccine For Adults,Tetanus Booster,Td Vaccine
FOSHAN PHARMA CO., LTD. , https://www.forepharm.com