Canon To Step up Repayment of Acquisition Debt

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<strong>From <a href="https://asia.nikkei.com/Markets/Tokyo-Market/Canon-to-step-up-repayment-of-acquisition-debt">Nikkei Asian Review</a>:</strong></p>
<p><em>$1.8bn set aside for 2018 on brisk earnings</em></p>
<p><strong>TOKYO</strong> — Canon will pay back more interest-bearing debt this year to improve its financial standing following the 2016 acquisition of a medical equipment business from Toshiba.</p>

<p>Repayment will double from 2017 levels to around 200 billion yen ($1.79 billion) in light of strong earnings last year, with an aim of whittling down borrowings from parties including Bank of Tokyo-Mitsubishi UFJ. <a href="https://asia.nikkei.com/Markets/Tokyo-Market/Canon-to-step-up-repayment-of-acquisition-debt">Read the full story</a></p>
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