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Xerox to buy printer maker Lexmark from Chinese ownersXerox is expected to finance the deal with a combination of cash on hand and committed debt financing,
Reuters
Last Updated IST
<div class="paragraphs"><p>Representative image.&nbsp;</p></div>

Representative image. 

Credit: Reuters File Photo. 

Xerox Holdings is nearing a deal for Lexmark International that values the maker of printers and printing software at $1.5 billion, including debt, the Wall Street Journal reported on Monday.

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An acquisition of closely held Lexmark is expected to be announced soon, the report said, citing people familiar with the matter.

Xerox is expected to finance the deal with a combination of cash on hand and committed debt financing, the report said.

Xerox and Lexmark did not immediately respond to Reuters' requests for comment.

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(Published 23 December 2024, 18:57 IST)