Skip to content
Subscriber Only

Xerox Lines Up Citi Financing for Potential HP Bid

Video player cover image
Xerox Said to Weigh a Potential Bid for HP
Updated on

Xerox Holdings Corp. has lined up financing from Citigroup Inc. as it weighs as potential bid for HP Inc., according to a person with knowledge of the matter.

Xerox is considering making a cash-and-stock offer for HP, said the person, who asked to not be identified because the deliberations are private. Xerox Chief Executive Officer John Visentin would run the combined company under the proposal being discussed, the person said.