FUJIFILM Holdings Corporation (including certain of its subsidiaries, "Fujifilm") (TSE: 4901) announced today that it has entered into a definitive agreement with Xerox Corporation (including certain subsidiaries, "Xerox") under which Fujifilm will acquire the 25% stake in Fuji Xerox Co., Ltd. ("Fuji Xerox") owned by Xerox. This transaction will bring Fujifilm's ownership of … [Read more...] about Fujifilm to own 100% of Fuji Xerox
Fujifilm
Xerox Terminates Transaction Agreement with Fujifilm
Xerox (NYSE: XRX) today announced that, at 5:00 p.m. ET on May 13, 2018, it notified Fujifilm that the previously announced transaction agreement to combine Xerox with Fuji Xerox is being terminated in accordance with its terms due to, among other things, the failure by Fujifilm to deliver the audited financials of Fuji Xerox by April 15, 2018 and the material deviations … [Read more...] about Xerox Terminates Transaction Agreement with Fujifilm
