Japan's Olympus to raise up to $1.17 billion in share issue

[riky]

Japan's Olympus to raise up to $1.17 billion in share issue

<p><a href="http://news.yahoo.com/japans-olympus-raise-1-17-billion-share-issue-103714145.html"><img src="http://l1.yimg.com/bt/api/res/1.2/LeKNi1.1MD6umHfY.Myz7w--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-08T103714Z_1_CBRE9670TI700_RTROPTP_2_CBUSINESS-US-OLYMPUS-OFFERING.JPG" width="130" height="86" alt="A man passes a logo of Japan's Olympus outside the company showroom in Tokyo" align="left" title="A man passes a logo of Japan's Olympus outside the company showroom in Tokyo" border="0" /></a>TOKYO (Reuters) - Japan's Olympus Corp said it will raise up to 118 billion yen ($1.17 billion) in a new share issue to expand its medical equipment business and rebuild its financial health, after an accounting scandal plunged the company into the red. The shares will be offered to overseas investors, mainly in the United States and Europe, the world's biggest endoscope maker said in a statement on Monday. ...</p><br clear="all"/>

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