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Fujifilm to take over Xerox in $7.6bn deal

By Naomi Tajitsu and Ritsuko Ando

Feb 1 2018 6:35AM

Will create joint venture.

Fujifilm to take over Xerox in $7.6bn deal

Japan's Fujifilm Holdings is set to take over Xerox in an A$7.6 billion deal, combining the US company into their existing joint venture to gain scale and cut costs amid declining demand for office printing. The acquisition comes as Xerox has been under pressure to find new sources of growth as ...

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