Taiwan Financial Supervisory Commission Closes the Door to Hostile Takeovers? Tsai Ming-Chung: Public Acquisitions Do Not Equal Hostile Takeovers
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On the 10th, the Financial Supervisory Commission announced amendments to the law on financial holding company consolidation, which was interpreted by the outside world as closing the door to hostile mergers. On the 11th, Tsai Ming-chung, chairman of Fubon Group, said that the Financial Supervisory Commission attaches the utmost importance to maintaining market order, and as long as there is a reason to convince the Financial Supervisory Commiss…
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