Taiwan Life to sell 60% stake in asset management unit

June 2011
Asia Insurance Review;Jun2011, p54
Trade Publication
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.


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