BRIEF-Ninestar Says Unit To Sell Lexmark International To Xerox

Reuters12-23 22:09

Dec 23 (Reuters) - Ninestar Corp :

* SAYS UNIT NINESTAR GROUP COMPANY LIMITED PLANS TO SELL LEXMARK INTERNATIONAL II TO XEROX CORPORATION VIA CASH, TRANSACTION PRICE TO BE DETERMINED

* LEXMARK INTERNATIONAL II INDIRECTLY OWNS LEXMARK INTERNATIONAL INC

* SAYS PAG ASIA CAPITAL LEXMARK HOLDING LIMITED FILES ARBITRATION AGAINST CO IN HONG KONG

* SAYS ARBITRATION REQUESTS CO TO PAY NO LESS THAN $689.0 MILLION TO PAG ASIA CAPITAL LEXMARK HOLDING LIMITED

* SAYS THE ARBITRATION WILL NOT AFFECT THE SALE OF LEXMARK INTERNATIONAL II TO XEROX

Source text

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Further company coverage:

(Reporting by Beijing Newsroom)

((Ethan.Wang@thomsonreuters.com;))

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