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Business deals

Fujifilm concedes difficulties in pursuing Xerox acquisition

Chairman says companies see mutual benefit in maintaining current alliance

Fujifilm Chairman Shigetaka Komori says it will be tough to pull off the Xerox acquisition during an interview in Tokyo. (Photo by Toshiki Sasazu)

TOKYO -- Fujifilm Holdings' Chairman Shigetaka Komori has admitted that the acquisition of Xerox -- a deal announced in January then canceled by Xerox in May -- has become "difficult."

In an interview with Nikkei, Komori chose his words carefully but appeared to be on the verge of bowing to the inevitable.

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