Slaughter and May is advising Hong Kong Exchanges and Clearing Limited – possible offer for London Stock Exchange Group

Slaughter and May is advising Hong Kong Exchanges and Clearing Limited (“HKEX”) on the possible offer for London Stock Exchange Group plc (“LSEG”) 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.