ABN AMRO acquires MPS flexo

May 21, 2018

ABN AMRO Participaties, the independently managed private equity business of ABN AMRO, has acquired the Dutch firm MPS, best known for its range of narrow web flexo presses. The company had been owned by majority shareholder Braver Investments, Oost NL as well as Bert van den Brink and Eric Hoendervangers, who founded the company back in 1996. Continue reading “ABN AMRO acquires MPS flexo”

Kodak reports Q1 loss

May 11, 2018

Kodak has released its figures for the first quarter of 2018, showing revenues of $357 million, the same as for Q1 of 2017, but with a net loss of $25 million, according to Generally Accepted Accounting Principles, or GAAP. The cash balance of $313m was $31m short of the figure for the previous quarter. Continue reading “Kodak reports Q1 loss”

Xerox throws in the towel as Jacobson resigns

May 3, 2018

Darwin Deason, the Xerox shareholder who took the company to court to stop its sale to Fujifilm, appears to have won a significant victory over the company. Xerox has abandoned its plan to appeal last week’s legal decision and instead come to an agreement with Deason and his fellow investor Carl Icahn. Continue reading “Xerox throws in the towel as Jacobson resigns”