Toshiba is looking to sell a majority stake its medical diagnosis imaging business as part of a company-wide restructuring. The Japanese manufacturer of X-ray machines and MRI scanners is seeking outsider investments, including potential M&A transactions, though no deals are imminent.
In a statement issued last week, Toshiba had refuted Japanese media reports that it was selling its medical equipment division, stating that, “nothing has been decided in respect of the sales of shares of Toshiba Tec Corporation and Toshiba Medical Systems, and no concrete agreements have been entered into with any specific companies.”
However, through another statement …
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