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Sony and Olympus cut financial ties under activist pressure

Next step for joint medical equipment business up in the air

20190830N Sony Olympus

Kazuo Hirai and Hiroyuki Sasa, then-presidents of Sony and Olympus, attend a news conference in Tokyo in October 2012. The companies have unwound their capital partnership amid activist pressure.

HISASHI IWATO, Nikkei staff writer
August 31, 2019 04:19 JST

TOKYO -- Sony has unloaded its remaining stake in business partner Olympus after a push by activist shareholder Daniel Loeb, raising questions over the future of their joint health care equipment business.

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