FilingReader Intelligence
Ninestar plans major asset sale: Lexmark to Xerox
March 28, 2025 at 01:20 AM UTC•By FilingReader AI
Ninestar Corp (SZSE:002180) announced plans to sell its Lexmark International II, LLC business to Xerox Corporation in a deal expected to close after customary regulatory approvals. The proposed transaction, structured as a cash sale, involves Ninestar selling its 100% stake in Lexmark. According to the filings, the estimated transaction value lies between $0.75 billion and $1.5 billion.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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SZSE:002180•Shenzhen Stock Exchange
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