Xerox Partners With PBS Group In Peru and Ecuador; Operations To Transition To Productive Business Solutions; Xerox Employees In Both Countries To Shift To PBS After Close
Portfolio Pulse from Benzinga Newsdesk
Xerox is partnering with PBS Group to transition its operations in Peru and Ecuador to Productive Business Solutions (PBS). The deal, expected to close in Q2 2024, will see Xerox employees in these countries move to PBS, which will become Xerox's exclusive distribution partner in these markets.
April 02, 2024 | 1:04 pm
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POSITIVE IMPACT
Xerox's partnership with PBS Group in Peru and Ecuador represents a strategic move to streamline operations and focus on its partner-led business model in the region.
The partnership with PBS Group allows Xerox to leverage PBS's local expertise, potentially improving market penetration and operational efficiency in Peru and Ecuador. This strategic move is likely to be viewed positively by investors as it aligns with Xerox's focus on optimizing its partner-led business model, potentially leading to improved margins and market share in these regions.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80