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(Update 2) Fujifilm to Fully Own Fuji Xerox, Scraps Xerox Buyout

(Update 2) Fujifilm to Fully Own Fuji Xerox, Scraps Xerox Buyout

   Tokyo, Nov. 5 (Jiji Press)--Fujifilm Holdings Corp. <4901> said Tuesday that it will fully own Fuji Xerox Co., ditching its attempt to acquire its joint venture partner, U.S. office equipment giant Xerox Corp.
   The Japanese office and medical equipment maker, which owns a 75 pct stake in the Tokyo-based joint venture, said it has agreed to acquire the remaining 25 pct held by Xerox this month.

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AFP-JIJI PRESS NEWS JOURNAL


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