FUJIFILM Holdings and Xerox Announce Agreement to Combine Fuji Xerox Joint Venture with Xerox
Creates a Global Leader in Innovative Print Technologies and Intelligent Work Solutions
Xerox shareholders to receive a $2.5 billion special cash dividend, or approximately $9.80 per share1, and 49.9% of the combined company; Fujifilm to own 50.1%
Combined company to deliver at least $1.7 billion in total cost savings, with $1.2 billion to be achieved by 2020
Accelerates path to revenue growth through global reach, industry-leading scale and enhanced innovation capabilities
Well-positioned to lead in growing business areas such as high-speed inkjet, industrial print and workplace solutions, while leveraging Fujifilm's extensive technologies
Combined company will have enhance...