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Olympus eyes Sony, Fujifilm, Terumo for tie-ups

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Reuters Tokyo
Last Updated : Jan 21 2013 | 2:54 AM IST

Japan's Olympus Corp is considering Sony, Fujifilm Holdings and Terumo among options for capital tie-ups to shore up its finances, nominee president Hiroyuki Sasa said on Tuesday.

Sasa also said Olympus, seeking to emerge from a $1.7 billion accounting scandal, may not seek a public stock offering or tie-ups with third parties to strengthen its capital.

Asked if the three companies are under consideration for capital tie-ups, Sasa said: "We are considering such tie-ups as options."

But he wants to keep his options open, he said in an interview.

Olympus nominated executive officer Sasa in February to become president, subject to approval at its April 20 shareholders' meeting.

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First Published: Apr 03 2012 | 8:55 AM IST

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