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A large Xerox stockholder, including Starteepo Sicav with a roughly 7.3% stake, called on the board to take action to unlock shareholder value, including exploring the sale of all or part of a financial services unit.
Starteepoo Sicav said it sent a letter to Xerox Holdings’ board urging “bold actions” to unlock shareholder value, including increasing transparency on Xerox Financial Services and evaluating strategic alternatives for the unit.
Starteepo issued a letter and presentation to the board of Xerox calling for action to unlock shareholder value.