Freshfields Bruckhaus Deringer and Linklaters have taken lead roles on one of the biggest M&A deals in Asia this year - HSBC's sale of a 15.6% stake in China's Ping An Insurance for $9.4bn (£5.9bn). The magic circle firms fielded their top M&A partners in Hong Kong on the deal, which saw the bank sell its minority stake (15.57%) in the Chinese insurance group to Thai conglomerate Charoen Pokphand Group (CP Group).
December 05, 2012 at 10:39 AM
1 minute read
The original version of this story was published on Legalweek
Freshfields Bruckhaus Deringer and Linklaters have taken lead roles on one of the biggest M&A deals in Asia this year – HSBC’s sale of a 15.6% stake in China’s Ping An Insurance for $9.4bn (£5.9bn).
The magic circle firms fielded their top M&A partners in Hong Kong on the deal, which saw the bank sell its minority stake (15.57%) in the Chinese insurance group to Thai conglomerate Charoen Pokphand Group (CP Group).
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