Shenzhen - Delayed Quote CNY

Ninestar Corporation (002180.SZ)

22.66

+0.36

+(1.62%)

As of 2:44:42 PM GMT+8. Market Open.

Ninestar says sale of Lexmark worth up to $150 million in equity value

China-based Ninestar Corp plans to sell printer and printing software maker Lexmark International II to Xerox in a deal with an equity value of up to $150 million. Ninestar said in an exchange filing on Wednesday that it has estimated the transaction price, using the equity value, to range from $75 million to $150 million, based on Lexmark's latest operational status. Xerox said last December it had agreed to buy Lexmark in a deal with an enterprise value of $1.5 billion, including assumed liabilities from Ninestar, private equity firm PAG and Shanghai Shouda Investment Centre, to expand its presence in Asian markets.

Reuters 27 days ago

002180.SZ
+1.62%
Xerox to Buy Printer Maker Lexmark in $1.5 Billion Deal

(Bloomberg) -- Xerox has agreed to buy printer maker Lexmark International Inc. from a consortium of Asian investors in a deal valued at $1.5 billion. Most Read from BloombergDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Local Subway or BusThe transaction includes debt and other liabilities that Xerox will assume from current owners Ninestar Corp., PAG Asia Capital and Shanghai Shouda Investm

Bloomberg 3 months ago

002180.SZ
+1.62%

Performance Overview

Return	002180.SZ	SSE Composite Index (000001.SS)
YTD	-19.56%	-1.60%
1-Year	+2.03%	+9.14%
3-Year	-40.73%	+6.84%