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Exclusive: Apollo Global approaches Xerox about possible acquisition – sources

(Reuters) – Buyout firm Apollo Global Management LLC has approached Xerox Corp to express interest in a possible acquisition, casting new uncertainty over the U.S. printer company’s $6.1 billion sale to Japan’s Fujifilm Holdings , people familiar with the matter said on Wednesday.

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Exclusive: Bombardier and Airbus unveil leaders of new CSeries partnership – memo

MONTREAL, PARIS (Reuters) – Bombardier and Airbus unveiled to employees the top leaders for the CSeries program, in a further step towards finalizing a deal that will see the European planemaker taking control of the Canadian jetliner, according to a memo to staff on Wednesday that was seen by Reuters.

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App redesign haunts Snap as investors flee

(Reuters) – Shares of Snap Inc sank as much as 22 percent to the lowest since its 2017 flotation on Wednesday, after first quarter numbers showed it losing confidence among users and advertisers due to a widely-panned redesign of Snapchat.

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Exclusive: UPS weighs strategy to deliver bulky goods to boost growth

(Reuters) – United Parcel Service Inc is in talks with at least one U.S. trucking firm to launch an in-home delivery service for large, heavy goods such as couches and treadmills, as the world’s largest package deliverer looks to cash in on one the fastest growing segments of online retail.

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