Scandal-Plagued Toshiba Inks Deal to Sell Medical Biz to Canon for $5.9 Billion

TOKYO - Scandal-plagued Japanese electronics maker Toshiba Corp. sold its medical unit to Japanese camera maker Canon Inc. for 665.5 billion yen ($5.9 billion) on Thursday, both sides said.

Separately, Toshiba said it reached an agreement with Chinese home appliance manufacturer Midea Group on selling its refrigerator and other so-called “white goods” business, targeting the end of March. Pricing and stakes have not been decided, company spokeswoman Midori Hara said.
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