FUJIFILM, Canon are Frontrunners for Toshiba’s Medical Device Biz

Fujifilm and Canon have the best chance to acquire Toshiba’s medical-device business, with the race nearing the finish line on a possible $US6 billion ($8bn) deal, sources say.

The second round of bidding closed yesterday and Toshiba could select one bidder as early as next week to enter exclusive talks, one of the sources said.

Some sources said Fujifilm was eager to buy a 100 per cent stake and had an edge, although they cautioned it was too early to project a winner.

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