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| Name | Symbol | Market | Type |
|---|---|---|---|
| FUJIFILM Holdings Corporation (PK) | USOTC:FUJIY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.09 | 0.78% | 11.70 | 11.40 | 11.80 | 12.18 | 11.30 | 11.30 | 94,681 | 21:50:04 |
From Jun 2019 to Jun 2024
By David Benoit, Dana Cimilluca and Dana Mattioli
Xerox Corp. is in talks to potentially do a major deal with Japan's Fujifilm Holdings Corp. as the U.S. document pioneer struggles to reinvent itself.
The two companies, which already have a joint venture, are discussing an array of possible deals that may or may not include a change of control of Xerox, according to people familiar with the matter.
A full takeover of the Norwalk, Conn., company isn't on the table, one of the people said.
No deal appears imminent and one may not be reached.
Xerox shares, which topped out at more than $150 in the late '90s, now trade at just over $30 amid a continued slump in sales and profit. Xerox's market value stands at roughly $7.7 billion; it also has more than $4 billion of net debt.
--Nathan Becker contributed to this article.
(END) Dow Jones Newswires
January 10, 2018 19:48 ET (00:48 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
1 Year FUJIFILM (PK) Chart |
1 Month FUJIFILM (PK) Chart |
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