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Xerox agrees to acquire Lexmark from Ninestar, PAG Asia Capital, and Shanghai Shouda in a deal valued at $1.5B, including debt, and expected to close in H2 2025 (Lauren Thomas/Wall Street Journal)

Lauren Thomas / Wall Street Journal : Xerox agrees to acquire Lexmark from Ninestar, PAG Asia Capital, and Shanghai Shouda in a deal valu...

1 August 2024

The US SEC sues former IRL CEO Abraham Shafi, accusing him of a $170M fraud by misleading investors about the company's growth and concealing personal expenses (Joe Miller/Financial Times)

Joe Miller / Financial Times:
The US SEC sues former IRL CEO Abraham Shafi, accusing him of a $170M fraud by misleading investors about the company's growth and concealing personal expenses  —  Abraham Shafi allegedly hoodwinked backers and spent millions of dollars on personal expenses  —  NEW

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