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  1. HP to buy Samsung’s printer business in $1.05 bn deal

HP to buy Samsung’s printer business in $1.05 bn deal

HP Inc said it would buy Samsung Electronics Co Ltd's printer business in a deal valued at $1.05 billion.

By: | Published: September 12, 2016 1:56 PM
The acquisition is expected to add to HP's earnings in its full year after closing, the company said on Monday, adding that Samsung will invest 0 million to 0 million in HP through open market purchases once the deal is through. (Reuters)

The acquisition is expected to add to HP’s earnings in its full year after closing, the company said on Monday, adding that Samsung will invest 0 million to 0 million in HP through open market purchases once the deal is through. (Reuters)

HP Inc said it would buy Samsung Electronics Co Ltd’s printer business in a deal valued at $1.05 billion.

The acquisition is expected to add to HP’s earnings in its full year after closing, the company said on Monday, adding that Samsung will invest $100 million to $300 million in HP through open market purchases once the deal is through.

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