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Japan's Canon to launch $2.8 bn bid to buy Sweden's Axis

2015-02-10 11:15:44| Appliances - Topix.net

Japan's Canon said Tuesday it would launch a tender offer to buy all outstanding shares in Axis AB, a Swedish network video solutions company, for about $2.8 billion next month. The Japanese camera and copier maker said in a statement that funds required for the purchase would reach 23.6 billion Swedish krona, or about 333.7 billion yen .

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