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Tuesday, February 10, 2015

Deals of the day- Mergers and acquisitions, (NYSE: CAJ)

The following bids, mergers, acquisitions and disposals were reported by 1440 GMT on Tuesday:** Canon Inc plans to purchase network video surveillance leader Axis AB for about 23.6 billion Swedish crowns ($2.82 billion), the biggest purchase ever for the Japanese company that is trying to expand beyond the shrinking camera market.** Raiffeisen Bank International said the sale of its Slovenian unit is in the final stage and it is confident it will get a "decent" price for its Polish arm, two key elements of a new strategic plan.

CANON INC. is a manufacturing company. The Office segment develops, manufactures and sells office complex machines and copiers, personal copiers, laser complex machines and printers, digital production printing systems, business high-speed continuous printers, wide format printers and document solutions. Shares of CAJ traded higher by 1.6% or $0.5/share to $31.83. In the past year, the shares have traded as low as $29.47 and as high as $33.96. On average, 320437 shares of CAJ exchange hands on a given day and today's volume is recorded at 32975.