Kodak to Close Creo Acquisition This Week

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By: E&P Staff

Creo Inc., Vancouver, British Columbia, announced Tuesday that South African regulatory authorities approved Eastman Kodak Co.’s proposed acquisition of Creo.

The action follows approvals by Creo’s board and shareholders and by regulatory authorities in Canada, the European Union, Israel, and the United States.

With no further approvals required, Creo and Kodak say they expect the transaction to close within three days.

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