Slaughter and May, Sullivan & Cromwell and Davis Polk & Wardwell have picked up lead advisory roles as the state-owned People's Insurance Company of China (PICC Group) draws closer to completing its multi-billion dollar Hong Kong initial public offering (IPO).
November 03, 2012 at 10:20 PM
1 minute read
The original version of this story was published on Legalweek
Slaughter and May, Sullivan & Cromwell and Davis Polk & Wardwell have picked up lead advisory roles as the state-owned People’s Insurance Company of China (PICC Group) draws closer to completing its multi-billion dollar Hong Kong initial public offering (IPO).
PICC Group is in the process of gauging investors’ interest, with a view to generating between US$3bn (£1.87bn) to US$4bn (£2.5bn) through the offering, making it Hong Kong’s largest IPO this year.
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