Clover Imaging MBO spins out from 4L Holdings

Clover Imaging MBO spins out from 4L Holdings

The Clover Imaging Group’s management partners with Norwest Equity Partners and executes a management buyout (MBO) from 4L Holdings Group. Clover Imaging Group (CIG) announced today (21 November) that the CIG management and Norwest Equity Partners (NEP) have entered...
HP confirms Xerox proposal

HP confirms Xerox proposal

HP confirms they have had talks with Xerox and have received the Xerox proposal. HP issued the following statement yesterday (Nov 6th): “As reviewed at HP’s most recent Securities Analyst Meeting, we have great confidence in our multi-year strategy and our ability to...
HP confirms Xerox proposal

Xerox to take over HP?

Just a day after announcing the Xerox Fujifilm settlement, Xerox considers a bid for HP that would leverage Xerox into the number 1 printer brand position. Yesterday The Recycler reported that Xerox expects to receive a $2.3 billion (€2 billion) payout from exiting...
Xerox sells Fujifilm stake for $2.3 billion

Xerox sells Fujifilm stake for $2.3 billion

Xerox and Fujifilm end 57-year partnership as last year’s merger fell through. Xerox will sell its twenty five percent stake in the Fuji Xerox venture and receive $2.3billion (€2.06 billion) and secure sourcing terms for future product programs that will ensure...
Clover sells telecoms division

Clover sells telecoms division

The Clover Telecom management team has partnered with Linx Partners to purchase the company from its parent company Clover Technologies Group. The announcement was made by BG Strategic Advisors (“BGSA”) who advised Clover Technology Group on the sale. Financial terms...