IN BRIEF (Page 17)

Canon to buy Oce

Japan's Canon said it would buy Dutch copier and printer maker Oce in a deal worth $2.2 billion, as it tries to return to growth after the global downturn crippled demand for office equipment.

Copier and digital camera maker Canon and Oce said in a joint statement yesterday that Canon intends to offer 8.60 euros per share, or 730 million euros for Oce's total common shares outstanding.