Ping An Insurance (Group) Co of China : Shenzhen Development Bank (14.8%) Dealogic Deal # : 762263
Data as of : 8/18/2011
Target Acquiror Dates & Values
Shenzhen Development Bank (14.8%) Ping An Insurance (Group) Co of China
Target: 14.8 % stake Rumored 17th Aug 2011 Deal Value $m 2,319.9
SZ 000001 6,016 m shares outstanding Buying: 14.8 % stake Announced 17th Aug 2011 Value ex Debt $m 2,319.9
China Public (Listed)
Finance China Expected 3Q 2011 Consideration
Insurance Completed -
Withdrawn -
Termination Fee, Target $m tbd
Termination Fee, Acquiror $m tbd
Financials 31st Mar 2011
Balance Sheet Debt/Equity: 21
Timeline Events Premiums & Multiples
Initial Offer CNY 17
Current Offer CNY 17
Income Statement
Cash Flows
Operations $m 5,333
Profitability
Profit Margin -
Return on Equity 20%
League Table Impact Sector Trend
2011 YTD Announced Global M&A by Deal Value, $bn Monthly Announced Global M&A, $bn: Finance
1 Goldman Sachs 473.1
2 JPMorgan 430.5
3 Credit Suisse 356.9
4 Morgan Stanley 331.8
5 Citi 283.4
6 BOA Merrill Lynch 258.2
7 Deutsche Bank 236.9
8 Barclays Capital 225.1
9 Lazard 210.7
10 UBS 198.1
2011 Dealogic. All rights reserved.