• G&G May 25 Masthead Web Ad
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...
Ninestar bounces back from losses

Ninestar bounces back from losses

The company forecasts strong rebound in FY2024 after turbulent 2023 performance. Ninestar has posted a sharp turnaround in its 2024 results, delivering a net profit of ¥764 million ($106 million/ €98 million) following a loss of ¥6.19 billion ($860 million/ €795...