Xerox-Fujifilm deal axed amid concerns over Fuji Xerox accounting
"Unresolved accounting issues at Fuji Xerox" partly to blame for canning of $US6.1b merger.
Mackenzie Smith
Wed, 11 Jul 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
A merger between Xerox and its joint venture, Fuji Xerox, has been canned, with the copier company blaming Japan’s Fujifilm for its failure to deliver on audited accounts and because of “unresolved accounting issues at Fuji Xerox.”
But Bloomberg reports Fujifilm as saying it “disputes Xerox’s
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Mackenzie Smith
Wed, 11 Jul 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.