Ninestar: Selling 100% equity of Lexmark in the United States

Zhitong
2025.07.03 11:05

Ninestar announced that the company, through its overseas joint investment entity Ninestar Holdings Company Limited, has sold its 100% equity in Lexmark International II, LLC to Xerox Corporation. This transaction was completed on July 1, 2025, and the counterparty has paid the estimated purchase price of USD 90 million to the designated account. According to the Equity Purchase Agreement, the final purchase price will be adjusted by both parties after the closing based on the final net working capital of the target company confirmed by both parties, final net working capital adjustments, final financing liabilities, cash on the final closing date, final transaction costs, and the corresponding amount of transitional obligations, as well as whether there are any reserved losses