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 Lexmark International Inc., a step that will ultimately help improve key measures of the company’s debt load and cash flow.
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.
Office equipment manufacturer Xerox has agreed to buy Chinese-owned printer and printing software maker Lexmark International ...
The deal aligns with Xerox's "Reinvention" plan, promising a quick boost to earnings and over $200 million in cost savings ...
Xerox's acquisition of Lexmark for $1.5B aims to enhance market position and potential for APAC expansion despite current ...
In a report released yesterday, Samik Chatterjee from J.P. Morgan maintained a Sell rating on Xerox (XRX – Research Report). The company’s ...
Xerox has announced an agreement to acquire Lexmark in a deal valued at $1.5 billion which will create a new global printer ...
Xerox is being advised by Ropes & Gray and Willkie Farr & Gallagher while Lexmark’s sellers, Ninestar, PAG Asia Capital and ...
LOS ANGELES, CA / ACCESSWIRE / December 24, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a ...
Xerox Holdings Corp (NASDAQ:XRX) agreed to acquire Chinese-owned printer and software name Lexmark International from ...
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