Kodak poised to complete NexPress deal

Kodaks acquisition of Heidelbergs 50% stake in their NexPress joint venture is poised to be completed within the next few days, according to sources close to the deal.

Both firms refused to comment on the situation regarding NexPress or Heidelberg Digital, or provide any guidance on its completion date.

Heidelberg chief executive Bernhard Schreier said at the end of last year that the disposal of its digital printing research and development would, along with the web division, be concluded by the end of March.

by Barney Cox