by Owen Collins | Feb 1, 2018 | City News
The OEM has published its financial results for the first nine months of the current financial year. The Japanese OEM has released its latest batch of financial data, declaring that its performance “is generally going according to its plan.” Net sales for the first...
by Owen Collins | Jan 31, 2018 | City News
A “definitive agreement” has been announced by the two OEMs, despite recent shareholder dissent. After weeks of debate and speculation, Xerox and Fujifilm have today announced a “definitive agreement” to combine Xerox and their Fuji Xerox joint venture. In a press...
by Owen Collins | Jan 23, 2018 | City News
Two of the OEM’s largest shareholders have co-signed a caustic letter criticising the Board of Directors. Carl Icahn and Darwin Deason, respectively Xerox’s first and third largest shareholders, with 15 percent of the company owned between them, have joined forces to...
by Owen Collins | Jan 22, 2018 | City News
Reports imply that the OEM’s executives are making preparations in case the unit sale collapses. Toshiba is putting in place a contingency plan should the long-mooted sale of its memory chip business to Bain Capital fall through, according to the Financial Times, (as...
by Owen Collins | Jan 19, 2018 | City News
A public letter to Xerox’s Board has expressed dissatisfaction with the potential deal. A Xerox shareholder has written a letter to the OEM’s Board of Directors regarding the discussed deal with Fuji, that could see control of the company change hands, reports...