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CANON INC to Acquire Shares of Image Recognition Integrated Systems Group SA-Reuters
Reuters reported that CANON INC announced that its European division will acquire shares of Image Recognition Integrated Systems Group SA, at the price of EUR 44.50 per share, or approximately EUR 70 million in total. CANON aims to increase its stake in Image Recognition Integrated Systems Group to 90% plus one share after the transaction, from a 17% stake.
Latest Developments for Canon Inc
- R&I Affirms CANON INC's Rating at "AA+"; Rating Outlook Stable
- CANON INC Amends Year-end Dividend Forecast for FY 2012
- European Commission to Look Into CANON INC's Acquisition of I.R.I.S. Group SA-Tijd
- Japan Fund And Firms Including Canon Inc. Aim To Acquire Renesas Electronics Corp For $2.6 Billion-Reuters
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