IFLR1000

Fujifilm Holdings $6.1 billion acquisition of Xerox

1/2/2018
Public acquisition
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$ 6.1 billion

Announced

1/2/2018

Overview:

  • Fujifilm Holdings is set to acquire Xerox for $6.1 billion.
  • The deal will see existing joint venture Fuji Xerox acquire a 75% stake in itself from Fuljifilm. Funds raised will be used to acquire a 50.1% stake in Xerox.
  • According to Reuters the deal will see the pair combine their R&D and procurement operations generating savings of around $1.7 billion.
  • Xerox has been attempting to find new business as office printing declines, while Fuljifilm wants to streamline elements of its printing business.

Sam Duke

Jurisdictions:

United States
Japan

Deal type:

Public acquisition

Practice area:

M&A

Industry sectors:

Consumer goods and services
Industrials and manufacturing

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