Money-Losing Toshiba Selling Medical Leasing Unit To Canon

Tokyo: Embattled Japanese electronics maker Toshiba Corp is selling its stake in a medical equipment leasing company to Canon Inc for 31.4 billion yen (USD 277million).  Toshiba said yesterday it is selling its entire 65 percent stake in Toshiba Medical Finance Co to Canon, a Japanese camera maker, effective March 31. Tokyo-based Toshiba has been in talks with Canon since late last year on the sale.  Toshiba, which owns US nuclear ...