BlackRock to Become Top SellerX Shareholder After Debt Deal

By Yahoo! Finance | Oct 1, 2024 at 06:01 AM EST

BlackRock Inc. is becoming the largest shareholder in SellerX to reduce its debt through a debt-for-equity swap and refinancing. SellerX, a brand aggregator, aims to improve liquidity and cut corporate debt with continued support from lenders and investors.

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