TITLE

Taiwan Life to sell 60% stake in asset management unit

PUB. DATE
June 2011
SOURCE
Asia Insurance Review;Jun2011, p54
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Taiwan Life Insurance Co. has reached an agreement to sell a 60% stake in its asset management unit to Mirae Asset Global Investments Co. It hopes the alliance with the South Korean firm will enhance its know-how, scale and earnings, while Mirae Asset is looking to strengthen its presence in Asia.
ACCESSION #
67503474

 

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