Summary by Moomoo AI
On August 30, 2024, ping an insurance and its affiliated companies issued a joint announcement, announcing that Morgan Stanley, on behalf of the joint tender offeror, has made a mandatory unconditional cash tender offer to Lufax Holdings Limited (referred to as Lufax), to acquire all issued Lufax shares and American depositary shares, and cancel all unattributed Lufax options. In addition, there will be arrangements for all unattributed Lufax performance share units. Due to the need for more time to determine matters related to the US tender offer, the final deadline for the dispatch of the composite documents has been extended to September 30, 2024. Ping An Insurance (Group) Co., Ltd., Anke Technology Co., Ltd., and the board of directors of Lufax Holdings Limited are responsible for the accuracy of the announcement and confirm that there are no omissions.