TOKYO -- Fujifilm Holdings has given up on its battle to acquire U.S. partner Xerox, the Japanese company announced on Tuesday. Instead, Fujifilm intends to bring Fuji Xerox -- a joint venture between the two -- completely under its own umbrella.
Business deals
Fujifilm scraps bid to buy Xerox
Japanese company moves instead to make joint venture Fuji Xerox a subsidiary
Fujifilm intends to take full control of its joint venture with Xerox. (Photo by Kento Awashima)
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