Mergers and acquisitions

Xerox 'sets record straight' over Icahn comments
Xerox’s board has released an open letter to shareholders in response to what it described as “false and highly irresponsible fearmongering” by Carl Icahn.

Hobs Group divests MPS arm
Hobs Group has sold Hobs On-Site, its managed print services (MPS) division, to independent IT services business SCC, for an undisclosed sum.

Xerox appeals court order
Xerox’s board has launched an appeal against the court order that put a temporary bar on its proposed sale to Fujifilm, in a move that has provoked further outrage from shareholders Darwin Deason and...

Trinity shareholders approve name change as revenues fall
Trinity Mirror will change its name to Reach next week after shareholders overwhelmingly backed the rebrand at the group’s Annual General Meeting, but sales at the publishing company have continued to...

Further twist in Xerox takeover saga
The Xerox-Fujifilm saga has taken yet another twist – Xerox’s board remains in place after the settlement agreement expired yesterday, to the fury of dissident shareholders Darwin Deason and Carl...

Minuteman King's Lynn acquires apparel company following relocation
Minuteman Press King's Lynn has acquired printed garment company YourWear as part of a franchise-wide initiative to expand into clothing and promotional products.

Xerox CEO Jacobson to step down
Xerox CEO Jeff Jacobson, together with six other board members, has agreed to resign in a move that throws the Fujifilm takeover deal into doubt and could even lead to the termination of long-standing...

Cestrian acquired by Arian owner
Large-format printer Cestrian has been acquired by 3a-Group, owner of Austrian digital and screen printing specialist Arian, for an undisclosed sum.

Judge puts block on Xerox-Fujifilm deal
Darwin Deason’s lawsuit has resulted in a US court order putting a temporary block on Xerox’s sale to Fujifilm.

Indigo Ross acquires Deltaprint
Suffolk-based print and design company Indigo Ross has acquired local rival Deltaprint.