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Xerox Raises $450 Million for New Joint Venture to Strengthen Balance Sheet and Support Long-Term Strategy
Businesswire· 2026-02-17 14:17
NORWALK, Conn.--(BUSINESS WIRE)--Xerox Holdings Corporation (NASDAQ: XRX) ("Xerox†or the "Company†) today announced the formation and capitalization of a new joint venture (the "Joint Venture†) between Xerox and TPG, a leading global alternative asset management firm. The Joint Venture is structured as an intellectual property holding and licensing entity designed to manage, protect, and monetize certain Xerox IP assets. The Joint Venture has raised $450 million in aggregate principal amount o. ...