Xerox offers to buy HP

Xerox offers to buy HP

Xerox offers to buy HP

Xerox offers to buy HP. Computer maker HP has confirmed the offer.

Talks between the two companies are ongoing, but no results have been reached so far.

In a statement, HP stated that the company had discussed with Xerox about the merger of the two companies. It was not officially clear how much Xerox had offered to buy HP, but Wall Street Journal sources say Xerox could offer up to $ 27 billion to buy HP. ۔

At present, Xerox has a market value of $ 8 billion, which is much less than HK's market value of $ 27 billion. Xerox will seek help from several major banks for this purchase.

HP was split into two divisions, HP Inc. and HP Enterprise, in 2014.

Xerox wants to buy HP Inc. HP Inc. makes printers and computers.

HP will release its financial report on November 26, more will be known then. Xerox offered to buy the Fuji movie last year, but the shareholder rejected the offer. Shareholders believed that Xerox had underestimated the value of their company.