Xerox exits Fujifilm JV with $2.3b stake sale to Japanese partner

Xerox exits Fujifilm JV with $2.3b stake sale to Japanese partner

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

Xerox Holdings Corp is selling its 25% stake in Fuji Xerox, its 57-year-old joint venture with Fujifilm Holdings Corp, to the Japanese partner for $2.3 billion, ending a prolonged dispute over a potential merger.

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