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Ricoh shares transferred to Nisshinbo

Ricoh shares transferred to Nisshinbo

The OEM has announced the conclusion of the transferral of 80 percent of the outstanding shares of its subsidiary to Nisshinbo Holdings Inc. The shares were transferred from Ricoh’s consolidated subsidiary, Ricoh Electronic Devices Co., Ltd. Ricoh stated that it would...
Ricoh to sell back Coca-Cola shares?

Ricoh to sell back Coca-Cola shares?

The OEM has issued a notice regarding a tender offer it received from Coca-Cola Bottlers Japan Holdings Inc to repurchase its own shares. According to Ricoh, the OEM “resolved” at a Board of Directors meeting held on 21 February 2018 “to tender all Ricoh owned shares...
Icahn and Deason trade blows with Xerox

Icahn and Deason trade blows with Xerox

The increasingly bitter battle has continued, with a new joint letter followed by a swift response from the OEM. Xerox shareholders Carl Icahn and Darwin Deason have launched their latest attack on the OEM’s deal with Fujifilm. In a letter published yesterday, the...
Rises for Toshiba in latest financials

Rises for Toshiba in latest financials

The Japanese OEM has released its financial results for the fiscal year so far, and it’s good news. Toshiba has published its latest consolidated financial results for the first nine months of the current financial year, with positive news all round for the...
Icahn and Deason trade blows with Xerox

Icahn and Deason renew Xerox attack

The war of words over the proposed Fujifilm-Xerox joint venture has continued with the pair’s latest polemic. The Rochester Democrat and Chronicle reports that two of Xerox’s largest shareholders, Carl Icahn and Darwin Deason, have unleashed their latest stinging...