Kirkland & Ellis is advising Morgan Stanley Asia Limited as financial adviser to Hang Seng Bank Limited (HKSE: 11) on its proposed privatization by HSBC Holdings plc (HKSE: 5) by way of a scheme of arrangement. The proposed privatization values Hang Seng Bank at US$37 billion. The transaction was announced on October 9, 2025.
Read HSBC Holdings and Hang Seng Bank’s joint announcement
The Kirkland team includes corporate lawyers Joey Chau and Brian Ho.