FILE PHOTO: Fujifilm’s company logo (top) is seen at its exhibition hall nearby the headquarters of Fujifilm Holdings Corp in Tokyo, Japan June 12, 2017.
Fujifilm Holdings Corp (4901.T) said it aimed to spend 500 billion yen ($4.54 billion) in strategic acquisitions over three years as it seeks growth outside its traditional photographic film business, which has been shrinking.
TOKYO (Reuters) – Fujifilm Holdings Corp (4901.T) said it aimed to spend 500 billion yen ($4.54 billion) in strategic acquisitions over three years as it seeks growth outside its traditional photographic film business, which has been shrinking.
The company in December announced a deal to buy Takeda Pharmaceutical’s (4502.T) 71 percent stake in Wako Pure Chemical Industries for $1.3 billion in a bid to expand its healthcare business. Last year, it was outbid for Toshiba Medical Systems by Canon Inc (7751.T).
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