Gibson Dunn Acts as Strategic Advisor to Xerox in Financing of Lexmark Acquisition

Firm News  |  August 21, 2025


Gibson Dunn recently advised Xerox Holdings Corporation (NASDAQ: XRX) in connection with the financing of its acquisition of Lexmark International, Inc. from Ninestar Corporation, PAG Asia Capital, and Shanghai Shouda Investment Centre as part of a transaction valued at $1.5 billion. Our firm led the negotiation and resolution of financing arrangements related to the company’s 13.00% Senior Notes due 2030 and related warrants.

The Gibson Dunn corporate team was led by partner Michael D. Saliba and associate James Sullivan. Our litigation team was led by partners Orin Snyder, Mary Beth Maloney, Brian Lutz, and Gabriel Herrmann, along with associates Brian Richman, Adam Jantzi, and Nicholas Canelos.