The reconstruction says that there are some pieces that are getting stuck in favor of the aggressiveness of Xerox, which is preparing to collect over 2 billion from an agreement to cede the shares of a joint venture with Fujifilm, with which a cause is also lost billionaire. A substantial financing by a friendly bank would then be ready.Xerox works mainly on large machines, for professional uses, with attached maintenance and assistance contracts. 10 billion bill. Instead close to 60 billion, but with consumer products and small dimensions, the Hp: what remains of the spinoff from the servers of Hewlett Packard, dating back to 2015. A separation that has seen traveling better than expected, in the early stages, the Hp as a stand-alone company. In recent times, however, the pace has slowed down and a restructuring plan has recently arrived that envisages thousands of outgoings to save 1 billion a year.
Xerox also put a savings plan on track, in which investors seem to believe a lot: equities have jumped 84% this year. A bet won by Carl Icahn, one of Xerox's great partners who has embarked on a battle to turn the company's board around like a sock. Humor around Hp is different, 10% in red.
Carlo VerdelliSUBSCRIBE TO REPUBLIC
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- Topics:
- Xerox
- Hp
- Wall Street
Source link
https://www.repubblica.it/economia/finanza/2019/11/06/news/xerox_maxi-offerta_miliardaria_per_comprare_i_pc_e_le_stampanti_di_hp-240357065/
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