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