Hong Kong Exchanges and Clearing Limited’s Possible Offer For London Stock Exchange Group plc

Slaughter and May is advising Hong Kong Exchanges and Clearing Limited on the possible offer for London Stock Exchange Group plc announced by HKEX on 11 September 2019.

Under the terms of the possible offer, LSEG shareholders would receive 2,045 pence in cash and 2.495 newly issued HKEX shares per LSEG share, implying a value for the entire issued and to be issued share capital of LSEG of approximately £29.6 billion.

Slaughter and May is working as an integrated team with Cravath Swaine & Moore LLP (on US aspects of the possible offer), along with law firms in a number of other jurisdictions.

The Slaughter and May team included Corporate: Partner David Watkins (Picture), Victoria MacDuff (partner), Claire Jackson (associate), Thomas Peacock (associate), Adam Sriskandan (associate), Molly Whitehall (associate), Dennis Mok (associate); Financial Regulation: Jan Putnis (partner), Tim Fosh (associate), Jennyfer Moreau (associate); Competition and Foreign Investment: Lisa Wright (partner), Poppy Smith (associate), Rosy Cheetham-West (associate); Financing: Ed Fife (partner), Harry Bacon (partner), Claire Cooke (associate); Tax: Gareth Miles (partner), Victoria Hine (associate), Jamshed Bilimoria (associate); Pensions: Charles Cameron (partner), David Wilks (associate); Employment and Share Schemes: Padraig Cronin (partner), Rosemary Nelson (associate); Slaughter and May Hong Kong: Peter Brien (partner), Jing Chen (partner), Justin Chan (associate), Pariya Rojtanongchai (associate), Anthony Sze (associate).

Cravath Swaine & Moore LLP team was composed of Philip Boeckman (partner), Richard Hall (partner), Alyssa Caples (partner), Norman Walczak (associate), Henri Simonet (associate).

Involved fees earner: Philip Boeckman – Cravath Swaine & Moore; Alyssa Caples – Cravath Swaine & Moore; Richard Hall – Cravath Swaine & Moore; Henri Simonet – Cravath Swaine & Moore; Norman Walczak – Cravath Swaine & Moore; Harry Bacon – Slaughter and May; Jamshed Bilimoria – Slaughter and May; Peter Brien – Slaughter and May; Charles Cameron – Slaughter and May; Justin Chan – Slaughter and May; Rosy Cheetham – Slaughter and May; Jing Chen – Slaughter and May; Claire Cooke – Slaughter and May; Padraig Cronin – Slaughter and May; Ed Fife – Slaughter and May; Tim Fosh – Slaughter and May; Victoria Hine – Slaughter and May; Claire Jackson – Slaughter and May; Victoria MacDuff – Slaughter and May; Gareth Miles – Slaughter and May; Dennis Mok – Slaughter and May; Jennyfer Moreau – Slaughter and May; Rosemary Nelson – Slaughter and May; Thomas Peacock – Slaughter and May; Jan Putnis – Slaughter and May; Pariya Rojtanongchai – Slaughter and May; Poppy Smith – Slaughter and May; Adam Sriskandan – Slaughter and May; Anthony Sze – Slaughter and May; David Watkins – Slaughter and May; Molly Whitehall – Slaughter and May; David Wilks – Slaughter and May; Lisa Wright – Slaughter and May;

Law Firms: Cravath Swaine & Moore; Slaughter and May;

Clients: Hong Kong Exchanges and Clearing Limited;