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Despite receiving investment offers, Olympus (OCPNY.PK) President Hiroyuki Sasa believes the...
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Tuesday, April 3, 2012, 6:03 AM ETDespite receiving investment offers, Olympus (OCPNY.PK) President Hiroyuki Sasa believes the company may be able to recover from its $1.7B fraud scandal without accepting the money. It seems like a tough ask: Sasa wants to strengthen Olympus' capital ratio from 4.4% to 30%-40%, implying the need for an extra ¥240B ($2.93B) to ¥330B.
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