Japan's Fujifilm to take control of Xerox in $6.1b deal

Japan's Fujifilm to take control of Xerox in $6.1b deal

Fujifilm Holdings' logos are pictured ahead of its news conference in Tokyo, Japan, January 31, 2018. REUTERS/Kim Kyung-Hoon

Japan’s Fujifilm Holdings is set to take over Xerox Corp in a $6.1 billion deal, combining the U.S. company into their existing joint venture to gain scale and cut costs amid declining demand for office printing.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter