Mergers and acquisitions

Xerox goes hostile with HP takeover bid
The gloves are off: Xerox has gone on the offensive and will now take its takeover proposal directly to HP’s shareholders, saying that HP’s refusal to engage in mutual due diligence “defies logic”.

WM Printing in liquidation; KJB lives on
KJB Print’s brochure division WM Printing Solutions has been placed into liquidation, while Printweek understands that its parent company has been bought out of administration.

HP hits back at 'aggressive' Xerox
The war of words between Xerox and HP is hotting up, with HP responding to Xerox’s “aggressive words and actions” with some of its own, stating that Xerox had “essentially mortgaged its future for a...

Heidelberg sells coatings business
Heidelberg has sold its Hi-Tech Coatings division to US group Innovative Chemical Products in a surprise move.

Xerox goes on attack after HP rejection
Xerox has hit back at the HP board’s rejection of its takeover proposal, pledging to pursue the proposed acquisition and giving HP’s board a deadline of Monday or it will make an offer direct to HP’s...

ASL Group acquires Smart Print Technology
Cambridge-headquartered managed office services provider ASL Group has acquired Smart Print Technology, a print equipment and consumables supplier based in Welwyn Garden City.

HP rebuffs Xerox offer
HP’s board has “unanimously rejected” Xerox’s takeover offer, stating that it undervalues HP and is not in the best interests of the company’s shareholders.

Latcham Direct acquires Accent
Latcham Direct has acquired on-demand digital print and creative specialist Accent, as a key part of its plan to continue to strengthen and expand its offering.

Xerox and HP: latest on possible takeover
Xerox has given HP four weeks to carry out due diligence over its possible $22 a share takeover offer, although tensions over who would run the combined entity could stymie the deal according to...

Fine Print acquires Technique Print
Fine Print Services has acquired Technique Print Group in a bid to create “the biggest, busiest and best equipped commercial printer in Oxfordshire”.