July 2, 2025
Willkie advised Xerox Holdings Corporation (NASDAQ: XRX) on the financing and other corporate aspects of its acquisition of Lexmark International, Inc., a global imaging solutions leader.
On July 1, Xerox announced the completion of its acquisition of Lexmark from Ninestar Corporation, PAG Asia Capital, and Shanghai Shouda Investment Centre. The transaction, valued at $1.5 billion inclusive of net debt and assumed liabilities, unites two industry leaders and marks a significant milestone in Xerox’s strategic transformation.
The combined organization will serve over 200,000 clients in over 170 countries and operate 125 manufacturing and distribution facilities in 16 countries.
The Willkie team was led by partners Joshua Deason, Jason Pearl, John Ablan, Sean Ewen and Russell Leaf, and, among others, included associates David Adler and Loren Flath.
