Panasonic is readying as much as 50 billion yen ($635m) rescue injection into struggling Olympus, it's claimed, in part of what's believed to be an equity sell-off following the $1.7bn accounting fraud of 2011. Local press reported the potential deal, Reuters writes, which is expected to see Panasonic take shares in Olympus in a private offering. Such an agreement could extend a lifeline to Panasonic's business, too, giving it a stake in the healthcare industry.
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