Panasonic denies rumors they are investing in Olympus

ImageMicro-4/3 partners, Panasonic and Olympus, were rumored to be nearing an agreement for Panasonic to invest heavily in Olympus.  Today, we have the official denial of these rumors from Panasonic’s president Ohtsubo.

TOKYO, June 7 (Reuters) – Japanese electronics maker Panasonic Corp has no plan to invest in Olympus Corp , President Fumio Ohtsubo told Reuters on Thursday, contradicting a media report it would invest in the medical equipment maker Olympus, which is struggling to recover from an accounting scandal. READ MORE from Reuters.

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One response to “Panasonic denies rumors they are investing in Olympus

  1. Why would they not deny it?It will be a shame for the Big and know Panasonic is investing on Olympus,it would be a great dishonor,knowing that they are not doing well because of mismanagement,they should consulted a Finance Adviser like Ed Butowsky for better management.

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