On January 28, 2010, Canon, Inc., its subsidiary Canon Finance Netherlands B.V., and Océ N.V. jointly announced that Canon was making a fully self-funded public cash offer for all the issued and outstanding ordinary shares of Océ at an offer price of €8.60 per share.

At the close of the acceptance period on March 1, Canon announced that over 71% of the shares were acquired by or tendered to Canon, which includes the 28.3% of the shares (24,018,597 shares) already held by Canon.

On or before March 4, Canon will announce its decision whether the offer is declared unconditional, extended, or terminated as a result of the offer conditions not having been fulfilled (paragraph 6.2 of the Offer Memorandum). If Canon declares the offer unconditional, Canon intends to announce a post-acceptance period (na-aanmeldingstermijn) of up to two weeks.