07/05/2024 | Press release | Archived content
Kirkland & Ellis is advising Morgan Stanley Asia Limited, as the financial adviser to the joint offerors, An Ke Technology Company Limited and China Ping An Insurance Overseas (Holdings) Limited, each being a wholly-owned subsidiary of Ping An Insurance (Group) Company of China, Ltd. (HKSE: 2318; SSE: 601318), in the possible mandatory unconditional cash offers for all the shares, ADSs, outstanding options and performance share units of Lufax Holding Ltd (HKSE: 6623; NYSE: LU). The MGOs were triggered by the election for the scrip dividends by the joint offerors under the scrip dividend scheme of Lufax Holding.
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