by stefanie | Jul 2, 2025 | World Focus
Xerox Holdings Corporation completed its acquisition of Lexmark International, Inc. from Ninestar Corporation, PAG Asia Capital, and Shanghai Shouda Investment Centre. The transaction, valued at $1.5 billion (€1.27 billion) inclusive of net debt and assumed...
by stefanie | Jun 19, 2025 | City News
The EU clears the way for Xerox to absorb Lexmark in a move that will end the company’s independence. The brand will live on, but is the business done? Another chapter in the sector’s steady consolidation – and another win for Ninestar. The European Commission has...
by stefanie | May 23, 2025 | City News
Xerox announced that its Board of Directors approved an update to its dividend policy in anticipation of the closing of the Lexmark transaction, reducing the quarterly dividend to $0.025 (€0.022) per share ($0.10 (€0.09) per share annualised). Accordingly, Xerox...
by stefanie | May 16, 2025 | Around the Industry
Lexmark has again been named a leader in cloud print services by global market insight and research firm Quocirca. This is the fourth consecutive year that Lexmark has been recognised. The Quocirca Cloud Print Services Landscape 2025 report examined the current state...
by stefanie | May 15, 2025 | Around the Industry
As part of Xerox Holdings Corporation’s acquisition of Lexmark International, Inc., the company announced that two distinguished Lexmark executives will join its Executive Committee at the close of the acquisition. Further strengthening the Xerox leadership team, Kim...