Lufax Announces Comprehensive Unconditional Offers

Lufax Holding Ltd Class A (HK:6623) has released an update.

Lufax Holding Ltd has announced mandatory unconditional cash offers for all issued shares and securities, excluding those owned by the offeror group, initiated by Morgan Stanley on behalf of the joint offerors. The offers follow the election of Lufax’s special dividend and are detailed in the despatched Composite Document, which includes advice from Lufax’s independent financial adviser. The timeline for these proceedings, though subject to change, has been outlined with specific dates provided for shareholders and stakeholders.

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