Olympus finalizes deal with JIP to sell its Imaging business
September 30, 2020
In a press release shared today, Olympus has confirmed it’s come to a finalized agreement with Japan Industrial Partners Inc. [JIP] to transfer the Olympus Imaging business at the beginning of 2021.
In the announcement, Olympus says it’s transferring its Imaging business to a new wholly-owned subsidiary called the ‘New Imaging Company.’ On January 2, 2021, 95% of this company will be…