11 October 2021

Allen & Gledhill, as transaction counsel, advised HSBC Insurance (Asia-Pacific) Holdings Ltd., an indirect wholly-owned subsidiary of HSBC Holdings plc (“HSBC”), on its US$575 million acquisition of 100% of the issued share capital of AXA Insurance Pte. Ltd., subject to regulatory approval.

Advising HSBC were Allen & Gledhill Partners Lim Chong Ying, Tham Kok Leong, Eugene Ho, Daren Shiau, Elsa Chen, Catherine Neo, Tan Zhi Feng and Lim Pek Bur.

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