Take your photography to the next level and beyond...

  • NEWS
  • REVIEWS
  • INSPIRATION
  • COMMUNITY
  • COMPETITIONS

Why not join for free today?

Join for Free

Your total photography experience starts here


Kodak Sells Two Imaging Businsses To UK Pension Fund

Kodak Sells Two Imaging Businsses To UK Pension Fund - Kodak has announced that it is selling two of its imaging businesses to its UK pension fund for $650 million.

 Add Comment

Category : Industry News
Share :

Kodak logo

Kodak has announced that it is selling two of its imaging businesses to its UK pension fund for $650 million.

The payment settles the pension fund's claims of $2.8 billion against Kodak. The two businesses sold are document imaging, which makes scanners for enterprise customers, and personalised imaging, which includes its retail printing koisks and most other consumer products.

In a news release, Kodak said "The Regulator has decided that it will approve the release of Kodak Limited, the KPP [Kodak Pension Plan]’s sponsoring employer, from its liabilities to the KPP and the UK Pension Protection Fund has confirmed that it has no objection."

For more information, take a look at the Kodak press release.

Explore More

Join ePHOTOzine and remove these ads.

There are no comments here! Be the first!


Sign In

You must be a member to leave a comment.

ePHOTOzine, the web's friendliest photography community.

Join For Free

Upload photos, chat with photographers, win prizes and much more.