Slaughter and May is advising Prudential plc on the proposed demerger of Jackson from Prudential

Slaughter and May is advising Prudential plc (Prudential) on the proposed demerger of its US business, Jackson Financial Inc. (Jackson) and its group, from Prudential, resulting in two separately-listed companies. The demerger, which is subject to shareholder approval, will complete Prudential’s strategic transformation and will enable it to focus exclusively on its higher-growth and higher risk-adjusted return businesses in Asia and Africa, making it one of the largest Asia and Africa-focused life insurance and asset management businesses. Prudential will remain headquartered in London and will retain its premium listing on the London Stock Exchange, its primary listing in Hong Kong, and other listings in Singapore and New York. Jackson has been approved to list on the New York Stock Exchange.

Slaughter and May worked alongside Debevoise & Plimpton (who advised on matters of US law) to support Prudential’s in-house legal team, led by Simon Ramage (Director of Group Legal) and Abbe Martineau (Senior Legal Counsel).

Corporate
Roland Turnill Partner
Natalie Cook Partner
Olivia Hosker Associate
Daniel Bell Associate

James Edwards / Trainee

Financing
Guy O'Keefe Partner
Kieran Turton Associate
Ryan Law Associate
Financial Regulation
Jan Putnis Partner
David Shone Associate
Tax
Mike Lane Partner
Kyle O'Sullivan Associate
Employment and Incentives
Padraig Cronin Partner
Ian Brown Senior Counsel
Philippa O'Malley Associate
Pensions
Daniel Schaffer Partner
Data Protection
Rebecca Cousin Partner
Lucie Van Gils Associate
Hong Kong
Clara Choi Partner
Peter Lake Partner
Nicola Lui Associate
Mike Ringer Counsel
Jiayi Li Associate