Xerox investor urges review of financial services unit, Bloomberg News reports

Xerox Holdings

08/09/2026 14:25

Sept 8 (Reuters) - Xerox Holdings XRX.O shareholder Starteepo has urged the office equipment maker to unlock shareholder value and undertake a strategic review of its financial services business, Bloomberg News reported on Tuesday, citing a letter to the company's board.
Starteepo, a Prague-based alternative investment manager led by investor Frantisek Bostl, holds a 7.34% stake in Xerox, according to the letter reviewed by Bloomberg.
Here are some details:
The investor urged Xerox to hire advisers for a formal strategic review that could consider a joint venture, strategic capital partnership, sale or alternative funding structures for the unit, the report said.
Starteepo said the unit could be worth as much as $7.69 per Xerox share, more than double Xerox's closing share price of $3.32 on Friday.
Such steps could help Xerox reach an equity value of $3.3 billion, or more than $18 per share, according to the letter.
Xerox and Starteepo did not immediately respond to Reuters requests for comment.
Starteepo said Xerox should separately disclose financial information for its financial services unit and communicate its strategy for the business no later than its third-quarter earnings, the report said.
Starteepo first disclosed a significant Xerox stake in May and increased its holding in July, Bloomberg reported.

 (Reporting by Prathik Jayaprakash in Bengaluru; Editing by Sahal Muhammed)
 ((Prathik.Jayaprakash@thomsonreuters.com; +91 9916364306))