Toshiba Medical eyes growth in Turkey with stock deal

01/29/2013 | Clinica (subscription required)

Toshiba Medical Systems has agreed to purchase a majority stake in TMST Tibbi Sistemler Pazarlama Ticaret ve Servis, its distributor in Turkey, in a deal set to be finalized in March. The deal is reflective of recent moves by medtech firms increasingly looking at markets other than Brazil, Russia, India and China for global expansion.

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