Xerox exits Fujifilm venture with $2.3 billion stake sale to Japan partner
Share:
TOKYO (Reuters) - 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.The sale comes after Xerox last year scrapped a $6.1 billion deal with Fujifilm in a settlement with investors Carl Icahn and Darwin Deason that also handed control of the U.S. photocopier giant to new management.As part of the deal announced by Xerox and Fujifilm on..