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Xerox to buy printer maker Lexmark from Chinese owners
Xerox to Buy Printer Maker Lexmark From Chinese Owners
Xerox Holdings has struck a deal for Lexmark International that values the maker of printers and printing software at $1.5 billion, including debt.The detailsAn acquisition of closely held Lexmark was announced Monday,
Xerox to buy printer maker Lexmark from Chinese owners in $1.5 billion deal
Office equipment manufacturer Xerox has agreed to buy Chinese-owned printer and printing software maker Lexmark International in a $1.5 billion deal to expand its presence in Asian markets and better compete in an industry upended by the digital age.
Xerox to acquire rival printer maker Lexmark for $1.53B
Xerox Holdings Corp. today announced plans to buy Lexmark International Inc., one of its main competitors in the printer market, for $1.53 billion. The company plans to finance the deal with a combination of cash and debt financing. It’s buying Lexmark from Ninestar Corp., PAG Asia Capital and Shanghai Shouda Investment Centre.
Lexmark announces it will be acquired by Xerox for $1.5 billion
Lexmark announced on Dec. 23 that Xerox will acquire them after entering a definitive agreement in a deal valued at $1.5 billion.
Can Lexmark Save Xerox? I Say Maybe
Xerox's acquisition of Lexmark for $1.5B aims to enhance market position and potential for APAC expansion despite current financial struggles. Read my XRX analysis.
Xerox to Acquire Lexmark for $1.5B
Xerox Holdings agreed to acquire Lexmark International from Ninestar, PAG Asia Capital and Shanghai Shouda Investment Centre in a deal valued at $1.5 billion, inclusive of assumed liabilities.
Xerox To Buy Lexmark For $1.5B In Blockbuster Print Deal
Xerox said it has struck a deal to buy rival, partner and supplier Lexmark for $1.5 billion in a blockbuster print deal.
Xerox To Buy Lexmark
President-elect Trump’s incoming press secretary Karoline Leavitt said Trump’s Day 1 executive orders may tackle Title 42. Leavitt joined Fox News’s “Sunday Morning Futures,” where she outlined what can be expected from Trump’s first day in office next month. “He will use the power of his pen to deliver on many of the promises he…
Xerox to Acquire Lexmark for $1.5 Billion in Strategic Move to Enhance Printing Portfolio
Xerox has announced its acquisition of Lexmark for $1.5 billion, aiming to enhance its print portfolio and expand its global reach.
Xerox buys Lexmark for $1.5 billion — printer biz consolidation deal requires approval from US and Chinese regulators
Xerox agreed to buy Lexmark from its current owners for $1.5 billion in a landmark deal that will consolidate two iconic printer brands. Because of this, Bloomberg says that American and Chinese regulators must approve the purchase.
Xerox to buy printer maker Lexmark in $1.5 billion deal
Xerox has agreed to buy the laser printer maker Lexmark International Inc. from a consortium of Asian investors in a deal valued at $1.5 billion. The transaction includes debt and other liabilities that Xerox will assume from current owners Ninestar Corp.
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Moody’s Says May Upgrade Xerox Because of Lexmark Acquisition
Moody’s Ratings said on Tuesday that it is looking at upgrading Xerox’s credit grades, citing the company’s agreement to buy ...
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Xerox deal for Lexmark ‘solid in theory,’ but raises questions, says JPMorgan
After Xerox (XRX) announced a definitive agreement to acquire Lexmark for $1.5B, JPMorgan said the deal will enhance Xerox ...
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