Xerox attracts interest from Apollo Global - report
03 MAY 2018
Xerox Corp [NYSE: XRX] has received an expression of interest from the PE fund Apollo Global Management [NYSE: APO], a newswire reported, citing sources privy to the process.
A deal with Apollo will halt Xerox's planned USD 6.1bn sale to Fujifilm Holdings [TYO:4901] of Japan, Reuters noted.
According to the report, Xerox's appointment of John Visentin as the company’s new CEO increased Apollo’s interest.
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