Terumo Plans Merger With Olympus to Scupper Sony Investment Bid

Terumo Plans Merger With Olympus to Scupper Sony Investment Bid

Kiyoshi Ota/Bloomberg

An Olympus Corp. video endoscope. Olympus’s management team, led by Kimoto and President Hiroyuki Sasa, has been considering alliance offers from the two companies as well as Panasonic Corp. and Fujifilm Holdings Corp. after an accounting fraud scandal wiped about $4 billion off its market value.