"There is no truth to this," a Toshiba spokesman told Reuters, after the Nikkan Kogyo said the company was expected to submit a business plan to Olympus's financial advisers.
(Reporting by Isabel Reynolds; Editing by Chris Gallagher)
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TOKYO (Reuters) - Toshiba Corp (>> Toshiba Corporation) on Monday denied a newspaper report it was set to propose an equity tie-up with scandal-hit Olympus Corp (>> Olympus Corp).
"There is no truth to this," a Toshiba spokesman told Reuters, after the Nikkan Kogyo said the company was expected to submit a business plan to Olympus's financial advisers.
(Reporting by Isabel Reynolds; Editing by Chris Gallagher)
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