News Asia12 Jul 2017

Taiwan:Investment services firm snaps up 25% of life insurer

12 Jul 2017

Investment services company, China Development Financial (CDF), has announced that its board of directors has approved a proposal to launch a tender offer to acquire a stake of up to 25.33% in China Life at NT$35 (US$1.15) per share. The acquisition will complete the suitor's range of services by including life insurance business.

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