The company has released its financial results for the three-month period ending 30 June 2020 recording a reduction in sales revenue of 17.6% compared to the same period last year.
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Epson subsidiaries to merge
Seiko Epson Corporation has announced that Group companies Fratelli Robustelli S.r.l. (Robustelli) and For.Tex S.r.l. (For.Tex) will merge.
Xerox second-quarter revenues down
The OEM has released its second-quarter financial results, recording $1.47 billion (€1.25 billion) of revenue, a decrease of 35.3% year-over-year.
Canon Q2 sales hit by COVID-19
The OEM said that the impact from COVID-19 is growing more serious as it has persisted longer and become more widespread compared with Q1.
Ninestar plans to purchase 100% of Pantum shares
The company announced a major asset restructuring plan, whereby it plans to issue shares and pay cash to purchase all of Zhuhai Pantum Electronics Co., Ltd.
Lyreco acquires Office Depot’s Spanish portfolio
Office Depot Europe, a portfolio company of AURELIUS Equity Opportunities SE & Co. KGaA has agreed to sell its Spanish contract business unit to Lyreco, a provider of office supplies headquartered in Marly, France.
