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Japan-Update

Canon plans $3.5bn buying spree in medical and security ops

Japanese technology group will seek out drivers of future growth

Canon purchased Toshiba Medical Systems in 2016 and renamed it after itself at the beginning of this year.

TOKYO -- Canon is putting its ample cash on hand to work by spending up to 400 billion yen ($3.53 billion) on acquisitions over the next three years to beef up its medical and security segments.

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