January 31, 2012 / 11:45 PM / in 6 years

Panasonic, Samsung to propose tie-up with Olympus: report

TOKYO (Reuters) - Japan’s Panasonic Corp and South Korea’s Samsung Electronics have each decided to propose capital ties with Olympus Corp, the Mainichi newspaper reported on Wednesday.

<p>Logo of Panasonic Corp. is seen at CEATEC JAPAN 2011 electronics show in Chiba, east of Tokyo, October 4, 2011. The IT &amp; Electronics comprehensive exhibition goes on till October 8. REUTERS/Kim Kyung-Hoon</p>

Among the firms jostling to partner with the scandal-hit endoscope and camera maker, Fujifilm Holdings Corp has already proposed an alliance while Terumo Corp has said it wants to strength ties.

Sony Corp is also interested, sources have said.

In addition to Panasonic and Samsung, another Japanese firm which was not identified will also make a proposal, the Mainichi said.

Reporting by Nobuhiro Kubo; Editing by Edwina Gibbs

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