Bloomberg News

Canon May Invest in U.K. Retailer Jessops, Sunday Times Reports

May 20, 2012

Canon Inc. (7751) may invest in Jessops Plc, a U.K. camera retailer, the Sunday Times reported, without citing anyone.

Canon is willing to invest as much as 10 million pounds ($16 million) in Jessops to protect its market share in the country, according to the newspaper. Jessops has more than 200 stores in the U.K. and is 50 percent-owned by HSBC Holdings Plc, the Sunday Times said.

To contact the editor responsible for this story: Mike Harrison at mharrison5@bloomberg.net


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