Hints and tips:
...The charges cover allegations that “certain representations” made by Gyrus, a UK subsidiary, to auditors over 2009 and 2010 accounts were “misleading, false or deceptive in a material particular”....
...M&A advisory fees generally come to about 1 per cent of the acquisition price, but the fee Olympus paid represents nearly a third of the $2bn it paid for Gyrus....
...Adding to the pressure on Olympus, on Thursday the Tokyo Stock Exchange revealed it had ordered the company to clarify the amount of advisory fees paid for the acquisition of Gyrus of the UK....
...Just three years ago, Gyrus acquired ACMI in the US, a company with “visualisation” technology....
...The company will pay $333m in cash and repay $164m of ACMI debt under the terms of the deal, which will double Gyrus’s business....
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