Chinese investors acquired US printer manufacturer Lexmark for $3.6 billion
A consortium of Chinese investors has acquired printer manufacturer Lexmark for around $3.6 billion.
The consortium is led by Apex Technology, supplier of aftermarket printer consumables, and two Chinese investment firm PAG Asia Capital and Legend Capital Management. (PAG Asia Capital is the private equity buyout arm of PAG, one of Asia's largest private equity firms with $15 billion in capital under management. Legend Capital is the venture arm of Legend Holdings, one of the largest diversified holdings in China, with more than $3 billion in assets under management).
PAG Asia Capital and Legend Capital are listed in the Chinese Investors Directory with the code OR80 and OR73 respectively.
More details follows
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