09/11/2025 | News release | Distributed by Public on 09/11/2025 05:12
Dechert has been recognized for excellence in international M&A dealmaking at Law.com International's Asia Legal Awards 2025, established to celebrate outstanding performance and innovation in the region's legal profession.
Dechert was honored as the US$1.5 billion sale of laser printer manufacturer Lexmark International to Xerox Corp., a U.S. public company, was named "M&A Deal of the Year." A multi-jurisdictional Dechert team served as lead advisor to Lexmark and its owners, an Asian investment consortium led by Shenzhen-listed Ninestar Corporation.
The Dechert corporate team was led by partners Maria Tan Pedersen (Singapore) and Gregory Schernecke (Philadelphia), alongside associates David Good and Drew Singer (Singapore) and Rodrigo Rivera (Philadelphia). The team's success also relied on substantial input from antitrust partners Mike Cowie in Washington, D.C. and from Clemens Graf York von Wartenburg and Michael Okkonen in Brussels, while Washington, D.C.-based partners Jeremy Zucker and Hrishikesh Hari advised on U.S. national security issues to deliver a bespoke transaction for Lexmark's stakeholders.
Ms. Pedersen, who leads the firm's EMEA energy initiative and co-leads its emerging markets offering, was also named a finalist for "M&A Lawyer of the Year" for driving multiple complex, cross-border deals, including the Lexmark/Xerox transaction. Dechert itself was a finalist for "Investment Funds Firm of the Year" for the success of its Asia funds team, led by Singapore-based partner Dean Collins, in closing a number of Asia-focused equity and credit funds.
Winners and honorees in the Asia Legal Awards were announced at a ceremony in Singapore on September 10.
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