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Xerox To Buy Printer Maker Lexmark In $1.5 Billion Deal

  • Xerox has agreed to buy printer maker Lexmark in a deal worth $1.5 billion.
  • The transaction includes debt and other liabilities that Xerox will assume from current owners Ninestar Corp., PAG Asia Capital, and Shanghai Shouda Investment Centre.
  • The deal is expected to close in the second half of 2025, pending approval from US and Chinese regulators.
  • Lexmark, which was spun off from IBM in 1991, is already a partner and supplier to Xerox.

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