Davis Polk Advises Jeneration on Its Acquisition of AXA Wealth Management
Davis Polk is advising Jeneration Holdings Limited in connection with its acquisition of AXA Wealth Management (HK) Limited from AXA China Region Limited. Pursuant to the terms of the share sale agreement, Jeneration has conditionally agreed to acquire the entire issued share capital of AWM for an aggregate consideration of HK$2.2 billion in cash. The proposed transaction is subject to customary conditions precedent, including the receipt of regulatory approvals.