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Canon May Invest in U.K. Retailer Jessops, Sunday Times Reports

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May 20 (Bloomberg) -- Canon Inc. may invest in Jessops Plc, a U.K. camera retailer, the Sunday Times reported, without citing anyone.

Canon is willing to invest as much as 10 million pounds ($16 million) in Jessops to protect its market share in the country, according to the newspaper. Jessops has more than 200 stores in the U.K. and is 50 percent-owned by HSBC Holdings Plc, the Sunday Times said.

To contact the editor responsible for this story: Mike Harrison at mharrison5@bloomberg.net

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