Xerox to buy printer maker Lexmark from Chinese owners, WSJ reports (updated)

Xerox Holdings

23/12/2024 11:07

(Adds details from the report in paragraphs 2-3)
       Dec 23 (Reuters) - Xerox Holdings  XRX.O  is nearing a
deal for Lexmark International that values the maker of printers
and printing software at $1.5 billion, including debt, the Wall
Street Journal reported on Monday.
    An acquisition of closely held Lexmark is expected to be
announced Monday morning, the report said, citing people
familiar with the matter.
    Xerox is expected to finance the deal with a combination of
cash on hand and committed debt financing, the report said.
    Xerox and Lexmark did not immediately respond to Reuters'
requests for comment.
    

 (Reporting by Jaspreet Singh in Bengaluru; Editing by Shilpi
Majumdar)
 ((Jaspreet.Singh@thomsonreuters.com; https://twitter.com/i_jass;))