Xerox Raises $450 Million for New Joint Venture to Strengthen Balance Sheet and Support Long-Term Strategy

Core Viewpoint - Xerox Holdings Corporation has announced the formation of a new joint venture with TPG, aimed at managing and monetizing certain intellectual property assets [1] Group 1: Joint Venture Details - The joint venture is structured as an intellectual property holding and licensing entity [1] - The joint venture has successfully raised $450 million in aggregate principal amount [1]