June 28, 2017 11:15 PM ET

Diversified Financial Services

Company Overview of Standard Life (Asia) Limited

Company Overview

Standard Life (Asia) Limited provides financial services. the company was incorporated in 1999 and is based in Hong Kong. Standard Life (Asia) Limited operates as a subsidiary of Standard Life plc.

53/F The Center

99 Queen's Road Central

Hong Kong,  

Hong Kong

Founded in 1999

Phone:

852 2169 0300

Fax:

852 2169 0220

Key Executives for Standard Life (Asia) Limited

Standard Life (Asia) Limited does not have any Key Executives recorded.

Standard Life (Asia) Limited Key Developments

Standard Life Looking to sell SLAL

Standard Life Plc (LSE:SL.) is preparing to split control of Standard Life (Asia) Limited (SLAL) with its joint venture partner in China, according to a person with direct knowledge of the matter. Standard Life recently hired Ernst & Young's Hong Kong arm to help sell SLAL to Heng An Standard Life Insurance Company Limited, a 50/50 joint venture between the U.K. company and TEDA Investment Holding Co., Ltd., the largest shareholder of China Bohai Bank Co., Ltd., the person told S&P Global Market Intelligence. "For someone like TEDA and China Bohai Bank who want to have an exposure to a small but nonetheless mature business in jurisdictions like Hong Kong, an acquisition makes a lot of sense," an M&A lawyer specializing in international deals by Chinese insurers said in an interview. When contacted by S&P Global Market Intelligence, Steve Hartley, a spokesman at Standard Life, declined to comment on a possible sale of the Hong Kong unit. TEDA referred a request for comment to Heng An Standard Life representatives, who were not immediately available to comment.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 29, 2017
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