Expect Japanese multinational Olympus to enter the merger frenzy taking place in the medical device industry.
Sasa took over Olympus helm in 2012, a year after a $1.5 billion accounting scandal severely damaged the company's reputation. His strategy included focusing on Olympus's medical device business, which helped the company achieve record profits in its most recent fiscal year. Now Sasa tells Bloomberg that he is ready to go shopping, and sees "two perspectives" that will guide him and other Olympus executives as they pursue potential acquisitions.
Sasa took over Olympus helm in 2012, a year after a $1.5 billion accounting scandal severely damaged the company's reputation. His strategy included focusing on Olympus's medical device business, which helped the company achieve record profits in its most recent fiscal year. Now Sasa tells Bloomberg that he is ready to go shopping, and sees "two perspectives" that will guide him and other Olympus executives as they pursue potential acquisitions.
