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Ninestar expands domestically amid headwinds

Ninestar expands domestically amid headwinds

Ninestar, the Chinese printing technology group, reported a drop in first-quarter profit as weak overseas printer sales and subdued chip revenues weighed on performance, despite pockets of growth in key domestic segments. Net profit attributable to shareholders...
Xerox clarifies Lexmark deal value

Xerox clarifies Lexmark deal value

We reported, Xerox replied – after our deadline. Here’s what changed. Yesterday we published a story based on Ninestar’s announcement valuing the Xerox–Lexmark deal at between $75 million (€69.7 million) and $150 million (€139 million). That was the figure Ninestar...
Xerox acquires Lexmark in $150 million carve-up

Xerox acquires Lexmark in $150 million carve-up

Struggling Ninestar offloads flagship brand as geopolitical pressures mount. In a transaction that marks a dramatic shift in the global print sector, Chinese technology group Ninestar has agreed to sell 100% of its holding in Lexmark International to Xerox...