Hung Hing Printing Group Limited (HKSE: 450), one of the largest print and packaging companies in Asia, announced today that the company has entered into a strategic partnership agreement with global retailer of luxury products of Swedish design, kikki.K, to acquire a 10% stake in the latter.

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Proceeds will first be used to repay outstanding debt; Kodak will focus on demonstrated growth areas of SONORA environmental plates, enterprise inkjet, workflow software and brand licensing

Kodak announced today it has begun a process to sell its Flexographic Packaging Division. The company has engaged UBS Investment Bank as its financial adviser for the transaction.

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HP Inc. (NYSE: HPQ) today announced a definitive agreement to acquire Apogee Corporation, a U.K. based office equipment dealer (OED) and Europe’s largest independent provider of print, outsourced services, and document and process technology. The transaction values Apogee as of closing at £380M.

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Retained UBS Investment Bank as its financial adviser on the sale of its Flexographic Packaging Division; Entered into a non-binding LOI for a $400 million, 18-month loan which would be used to refinance its existing term debt during the sale process for the Flexographic Packaging Division
Eastman Kodak Company (NYSE: KODK) today reported financial results for the second quarter 2018, delivering net earnings of $4 million on revenues of $372 million and continued growth in its KODAK SONORA Process-Free Plates, KODAK FLEXCEL NX Packaging and KODAK PROSPER Inkjet businesses.

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