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Wednesday May 23rd 2012

Top Olympus lender denies board ambush, but may fill chair

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TOKYO (Reuters) – Olympus Corp’s main lender Sumitomo Mitsui Banking Corp (SMBC) denied it was trying to take control of the firm’s board by stealth, but said it might well agree to send a former banker to be chairman of the disgraced camera and medical device maker.

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Post Published: 22 February 2012
Found in section: Finance