Zhong Lun Advises Xerox on Acquisition of Lexmark
Zhong Lun Advises Xerox on Acquisition of Lexmark
Xerox Holdings Corporation (Nasdaq: XRX) recently announced the completion of its acquisition of Lexmark International, Inc., a leading provider of innovative imaging solutions and technologies, from Ninestar Corporation (002180.SZ), PAG Asia Capital, and Shanghai Shouda Investment Centre. The transaction was valued at USD 1.5 billion inclusive of net debt and assumed liabilities and was financed through a combination of cash on hand and debt financing.
Zhong Lun Law Firm acted as the PRC legal counsel to Xerox throughout this transaction. The legal team from Zhong Lun was led by partners Anthony Zhao and Luke Zhang, and included associates Lindsay Zhang, Myron Hu, and Oren Dong.