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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 shareholders.

Heidelberg sells coatings business

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

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 reports from the US.

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”.

Global Graphics acquires Xitron

Global Graphics has acquired pre-press specialist Xitron in a deal worth $4.5m (£3.5m).

Paragon expands again with cards buy

Paragon Group has expanded its Paragon ID business with the takeover of payment and loyalty card specialist Thames Technology, in a move that means the Business Growth Fund will exit its investment in the acquired business.

Xerox and Fujifilm dispute ends in split

Xerox and Fujifilm have resolved the major fall-out that began last year and will end their near-60-year-old joint venture, in a deal that has significant ramifications for both companies.

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