Xerox Holdings Corporation has raised $450 million through the creation of a new joint venture with investment firm TPG, a move designed to strengthen its balance sheet and support its long-term strategic transformation. The transaction involves transferring certain intellectual property assets into the joint venture while securing financing through a combination of senior secured loans and preferred equity, allowing Xerox to unlock value from its IP without disrupting ongoing operations. The company plans to use the proceeds to enhance liquidity, manage debt, and advance strategic initiatives, including the integration of recent acquisitions such as Lexmark. By monetizing assets in a structured way rather than taking on traditional debt, Xerox aims to improve financial flexibility while positioning itself for sustainable growth in a competitive technology and services market.
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February 17, 2026 at 11:03 AM
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