Fujifilm denies any compromise for acquisition of Xerox

TOKYO — Fujifilm Holdings is continuing its attempts to acquire Xerox, but the Japanese company has denied it will make any compromise, even if it fails in the bid.

The acquisition of the major U.S. office equipment maker is “not indispensable” for Fujifilm’s growth, said Shigetaka Komori, chairman and CEO of the Japanese photography and imaging company, during an exclusive interview with Nikkei on Friday. “We would not go as far as to raise our terms of acquisition, set in January, to realize the deal.”

American activist investor Carl Icahn and some other key Xerox shareholders oppose the Fujifilm offer.

Source: Fujifilm denies any compromise for acquisition of Xerox / Asian Review

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