Apex Technology and PAG Asia Capital acquire Lexmark International - Shareholders to receive USD 40.5 per share

A consortium of investors led by Apex Technology Co., Ltd. and PAG Asia Capital has successfully completed the acquisition of Lexmark international, Inc, as reported by Lexmark.

Under the terms of the merger agreement, which was announced in April 2016, Lexmark shareholders will receive USD 40.5 per share in cash. Legend Capital Management Co. Ltd. is also a member of the Consortium.

The completion of the transaction followed the receipt of all the necessary approvals, including approval by Lexmark shareholders, regulatory approvals in the U.S., including the Committee on Foreign Investment, China and certain other foreign jurisdictions, and other customary closing conditions.

The Consortium will maintain Lexmark's corporate headquarters in Lexington, Kentucky.

David Reeder, formerly Lexmark vice president and chief financial officer, has been named the company's new president and chief executive officer, succeeding Paul Rooke.

Lexmark's Enterprise Software group will be separated from Lexmark and rebranded to Kofax. The Consortium and Lexmark will engage in a process to sell the business while focusing on growing the imaging business, particularly in China and the Asia-Pacific region.

Lexmark common stock (NYSE: LXK) has ceased trading on the New York Stock Exchange.

Lexmark International Inc. Lexington

Apex Technology Co Ltd Qianshan, Xiangzhou District

PAG Asia Capital Hong Kong

NYSE New York Stock Exchange

EKAPIJA

Lexmark International Inc

Apex Technology Co Ltd

PAG Asia Capital

Legend Capital Management Co Ltd

Lexmarks Enterprise Software

Kofax

Lexmark acquisition

Lexmark shares

Committee on Foreign Investment of the USA

David Reeder

Paul Rooke

imaging business

New York Stock Exchange