Xerox Holdings Corporation has announced a $1.5 billion deal to acquire Lexmark International, Inc. This acquisition is expected to close in the second half of 2025 and will enhance Xerox’s core print portfolio, global print services business, and presence in the A4 color market. The combined companies aim to drive long-term growth, improve profitability, and provide a broader range of offerings to clients. The transaction will also result in identified cost synergies, improved balance sheet, and financial benefits for Xerox. The deal is subject to regulatory approvals and other customary closing conditions. The acquisition represents a strategic fit, growth opportunities, and financial benefits for both Xerox and Lexmark.
https://newsroom.lexmark.com/2024-12-23-Xerox-to-Acquire-Lexmark