Recently, the Chinese company Ninestar Corp announced its intention to sell Lexmark International II – a manufacturer of printers and printing software – to Xerox. The deal, valued at up to 150 million dollars, has garnered significant attention among financial market observers. The final price is expected to range between 75 and 150 million dollars depending on Lexmark’s current condition and the prevailing share prices. This transaction reflects broader trends in asset restructuring and portfolio optimization across global businesses.
In an intriguing development within the business process outsourcing sector, Conduent Inc. $CNDT, a company spun off from Xerox $XRX, is contemplating a potential sale. This consideration arises following acquisition offers, as disclosed by sources familiar with the situation late last week.