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Home / Industry / Manufacturing / Xerox to sell stake in Fuji Xerox for $2.3 billion, continue work with Fujifilm (access required)

Xerox to sell stake in Fuji Xerox for $2.3 billion, continue work with Fujifilm (access required)

The feud between Xerox Holdings Corp. and Fujifilm Holdings Corp. may finally be over. Fuji has agreed to acquire Xerox’s one-quarter stake in Fuji Xerox for $2.3 billion, the two companies said Tuesday. Both companies’ boards agreed to the deal, which will give Fujifilm 100 percent ownership of the 57-year-old joint venture. “This transaction is an ideal ...

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