Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Canon acquires Elliot’s shares in Axis for SEK 2.8bn
October 22, 2018

Canon has acquired all of Elliot’s shares in Axis for approx. SEK 2.8bn - or 7.8 million shares for a price of SEK 363.75 per share. After the acquisition, Canon owns 98 % of Axis, which handles sales and customer service for Canon across several of its key markets. Canon plans to delist Axis and acquire the remaining shares as part of this vertical integration move.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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