Published on 23 Dec 2024 on Benzinga
Xerox to Expand Global Print Business with $1.5 Billion Lexmark Buyout - Xerox...
Xerox Holdings Corporation XRX shares are trading higher after the company disclosed a deal to acquire Lexmark International, Inc. from Ninestar Corporation, PAG Asia Capital, and Shanghai Shouda Investment Centre for $1.5 billion, including assumed liabilities.
This acquisition will enhance Xerox's core print portfolio and expand its global print and managed print services business.