M&A Deal Summary |
|
|---|---|
| Date | 2012-10-19 |
| Target | Stanhope House |
| Sector | Real Estate |
| Buyer(s) | AIA Group |
| Sellers(s) | Hang Lung Properties |
| Deal Type | Divestiture |
| Deal Value | 2.4B HKD |
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AIA Group provides life insurance based financial services. AIA Group was incorporated in 1919 and is headquartered in Hong Kong, China.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 4 |
| Sector: Real Estate M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 3 |
| Country: China M&A | 1 of 1 |
| Year: 2012 M&A | 2 of 4 |
| Size (of disclosed) | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-10-11 |
ING Insurance Bhd.
Kuala Lumpur, Malaysia ING Malaysia is the third largest insurer in Malaysia, serving more than 1.6 million customers and offering a suite of products including life, general, employee benefits as well as Takaful insurance products through a joint venture. |
Buy | €1.3B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-12-05 |
Aviva NDB Finance Lanka Pvt.
Colombo, Sri Lanka Aviva NDB Finance Lanka Private Limited operates as an insurance broker. |
Buy | $109M |
| Category | Company |
|---|---|
| Founded | 1949 |
| Sector | Real Estate |
| Employees | 3,862 |
| Revenue | 11.2B HKD (2024) |
Hang Lung Properties is an extensive real estate portfolio, as well as building, owning and managing world-class commercial complexes in key cities on the Mainland since the 1990s. Hang Lung Properties was founded in 1949 and is based in Hong Kong, China.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Real Estate M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: China M&A | 1 of 1 |
| Year: 2012 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-11-28 |
Spring City 66
Kunming, China Spring City 66 occupies the core of the upcoming central business district. The project, a mixed-use complex with a total gross floor area of approximately 433,500 square meters, comprises a world-class shopping mall, a Grade A office tower and serviced apartments. |
Buy | - |
