United Kingdom Dentons Tender

Dentons is advising Tongchuangjiuding Investment Management Group Co. Ltd JD Group or Jiuding on its HK21.5 billion US2.74 billion disposal of its 100 equity interest in FTLife Insurance Company Limited FTLife to NWS Holdings Limited 0659.HK the infrastructure logistics and transport services unit of conglomerate New World Development Limited 0017.HK. Jiuding previously acquired FTLife from Ageas a Brussels-based insurance firm for US1.4 billion back in 2016. FTLife is one of Hong Kongs biggest life insurance firms. If completed the disposal will mark one of the largest insurance MA deals ever in Hong Kong.The Dentons Hong Kong team is led by corporate partner Gordon Ng along with associates James Wong Ningxin Sun Lyn Chen Elizabeth Leung and legal assistant Robert Choi. The deal is also supported by partners Li Shoushuang and Emilia Shi from Beijing.