January 6, 2020 / 1:12 PM / 12 days ago

Xerox secures $24 bln financing for proposed HP takeover

Jan 6 (Reuters) - Xerox Holdings Corp said on Monday it has secured $24 billion in financing from Citigroup, Mizuho and Bank of America for its $33.5 billion takeover bid for HP Inc.

In November, Xerox made the cash-and-stock offer for HP Inc, a deal the personal computer maker had rejected. (Reporting by Ayanti Bera in Bengaluru Editing by Saumyadeb Chakrabarty)

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