Xerox Holdings Corporation announced on June 18, 2025, that the European Commission has approved its acquisition of exclusive control of Lexmark International II. This regulatory clearance marks a significant step towards the completion of the $1.5 billion acquisition.
The European Commission concluded that the notified transaction would not raise competition concerns, citing its limited impact on competition in the markets where both companies operate. The Commission specifically noted the presence of sufficient alternative suppliers in the markets where Xerox and Lexmark's activities overlap.
This approval removes a key regulatory hurdle for the transaction, which is expected to close in the third quarter of 2025. The acquisition is central to Xerox's strategy to strengthen its core print portfolio and expand its global managed print services business.
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