Xerox (XRX) to Transition Peru and Ecuador Operations to PBS
XRXXerox Holdings(XRX) Zacks Investment Research·2024-04-04 00:01

Xerox Holdings Corporation (XRX) shares have had an impressive run over the past year, gaining 21%. Xerox yesterday revealed its plan to shift operations in Peru and Ecuador to Productive Business Solutions (PBS), a longstanding partner of the company. The financial terms of the deal have been kept under wraps. As part of the deal, Xerox's staff in Peru and Ecuador will transition to PBS, which will then serve as the exclusive distribution partner for Xerox in these regions. The transaction is anticipated t ...