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Xerox responds to investor claims | Walmart expands in India | ADVEO ramps up...

A round-up of this week's office products, business supplies and stationery news from around the web and elsewhere. Xerox has…

Xerox shareholders will consider higher offer

A minimum of $40 per share - that's what it will cost Fujifilm if it wants to buy Xerox and…

Investor victory short-lived as Xerox CEO stays put

Less than 48 hours after it had seemingly resolved the ongoing leadership battle with two of its top shareholders, Xerox…

Q1 sales slump for Xerox

Unsurprisingly, the months-long leadership battle managed to dampen Xerox's Q1.For the three months ended 31 March 2018, sales fell 4.6%…

Investor victory as Xerox CEO quits

It's curtains for Xerox CEO Jeff Jacobson as he and six board members buckle under pressure from activist investors.The resignations…

Fuji Xerox merger temporarily blocked

Activist investors Carl Icahn and Darwin Deason were no doubt celebrating their recent win over Xerox this weekend after the…

Icahn facilitates Newell/Starboard peace deal

The Starboard/Newell Brands boardroom battle may finally be over.The consumer brands manufacturer has agreed to add three independent directors to…

In depth: Alternative path for Xerox

Activist investors Carl Icahn and Darwin Deason have launched a fresh attack against Xerox leadership in the latest chapter in…

New claims in Xerox lawsuit

Activist investors Darwin Deason and Carl Icahn have amended their ongoing lawsuit against Xerox in the wake of its much-contended…

Newell in $50 million Office Depot tiff

In February, manufacturer Newell Brands revealed a 55% decline in sales from its Writing business due to a trade dispute…

The Mailing Room expands UK footprint

UK-based postal services company The Mailing Room (TMR) has acquired a regional franking machine specialist.The group has purchased MailServe and…

Icahn backs Newell in Starboard battle

Newell Brands has entered into a high-profile agreement that could well secure its position in the power struggle with hedge…

Newell clashes with shareholders

US hedge fund Starboard has engaged in a power struggle with consumer goods giant Newell Brands.Starboard – which owns around…

Deason hits out at Xerox board, again

Activist investor Darwin Deason has piped up once again to denounce the Xerox/Fujifilm deal, this time seeking to replace its…

Xerox clashes with shareholders over Fujifilm deal

EOS vendor Xerox said it was ready to “vigorously defend itself” following allegations of fraud by its third-largest shareholder.Investor Darwin…

Fujifilm takes control of Xerox

The days of independence are over for iconic US EOS vendor Xerox.Japanese camera maker Fujifilm has struck a deal to…

Xerox appoints new GIS head

Xerox has announced a leadership change, but not the one some investors were hoping for.Dan Cooper is set to take…

Icahn takes aim at Xerox CEO

Billionaire financier Carl Icahn has called for the removal of Xerox CEO Jeff Jacobson.In an interview with The Wall Street Journal,…

Close to the heart

The concept of using our natural resources carefully is not new to edding. In fact, it has always been part…

New wholesaler plans to disrupt UK market

There’s a new wholesaler in town with plans to tackle the likes of Amazon head on.OPI spoke to Jetzt, which is…

Big read

Depot turnaround still a work in progress

Office Depot’s third quarter earnings results this week certainly caught the eye of Wall Street and the US media as…