M&A 2019 Annual Review

FUJIFILM Morrison & Foerster advised Fujifilm Holdings Corporation in its $2.3 billion acquisition of the remaining 25% stake in the document-related services and devices company Fuji Xerox from Xerox Corporation, to culminate in Fujifilm’s full ownership of Fuji Xerox. As part of the transaction, Fujifilm has entered into a new collaborative partnership with Xerox to enhance synergies and grow in new areas, while strengthening Fujifilm’s document business. 11 MORRISON & FOERSTER 2019 M&A ANNUAL REVIEW

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