US$575 million acquisition of AXA Insurance Pte. Ltd. by HSBC Insurance (Asia-Pacific) Holdings Ltd.
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.
