Canon to acquire Oce

Canon and Oce today announced that they have reached conditional agreement to combine their printing activities through a fully self-funded, public cash offer by Canon for all the shares of Oce. The offer values 100% of the issued and outstanding shares of Océ at approximately € 730 million. Canon and Oce aim to create the overall No. 1 presence in the printing industry, building on an enhanced scale and a combined history of innovation and excellent client servicing. The combination will capitalize on an excellent complementary fit in product mix, channel mix, R&D, and ...

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