Business Management - M&A
Bosch announced that after considering all its strategic options, it has decided to look for a buyer for its packaging machinery business, specifically the pharmaceuticals and food units of the Packaging Technology division.
Anyone who owns a printing company today is an owner who should be planning either to sell it or to grow it. Today, the straightest path to growth is through mergers and acquisitions in a market that remains very receptive to these transactions. We see four reasons why the M&A climate continues to be as healthy as it is.
In response to Fuji's $1B lawsuit, Xerox Vice Chairman and CEO John Visentin blamed the accounting scandal at Fuji Xerox as a main reason why the proposed $6.1 billion acquisition of Xerox by Fuji fell through and, at the same time, announced plans to sever their long-standing Fuji-Xerox partnership.
Mark Andy has acquired Brandtjen & Kluge, a manufacturer of reliable, high-quality print finishing equipment for foil stamping, diecutting, folding and gluing, and UV coating. Kluge provides customers a full life cycle solution for offline finishing with OEM parts and consumables, high quality services, and innovative equipment.
MPS Group B.V., a parent company to MPS Systems BV, will have a new owner. ABN AMRO Participaties has reached an agreement to acquire the company from majority shareholder Braver Investments, Oost NL and the founders of MPS. MPS is a provider of end-to-end narrow and mid-web printing solutions.
An agreement reached May 13 between Xerox and its activist investors terminates the proposed $6.1 billion Xerox transaction with Fujifilm to combine Xerox with Fuji Xerox, replaces Xerox CEO Jeff Jacobson with new CEO John Visentin, and appoints five new members to serve on Xerox's board of directors.
The settlement agreement Xerox had reached with Carl Icahn and Darwin Deason on Tuesday has expired…
New York Supreme Court Judge Barry Ostrager ruled in favor of two activist investors who are trying to block the proposed transaction.
Darwin Deason and Carl Icahn have launched full-court press to convince Xerox shareholders to oppose the acquisition of Xerox by Fuji.
Darwin Deason claims Xerox CEO Jeff Jacobson continued to pursue a deal with Fuji, even after the Xerox board instructed him not to.