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Fubon posts highest profit among insurers

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Fubon Financial delays Jih Sun acquisition to Q1

Fubon Financial delays Jih Sun acquisition to Q1
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Fubon Financial looks to acquire Jih Sun

Fubon Financial looks to acquire Jih Sun
By Kao Shih-ching / Staff reporter
Fubon Financial Holding Co (富邦金控) yesterday announced that it plans to acquire at least a 50 percent stake in Jih Sun Financial Holding Co (日盛金控) via a public tender offer valued at NT$24.53 billion (US$861 million), the first merger or acquisition of a financial holding company in the nation.
Fubon eventually aims to fully acquire Jih Sun, in a deal that would cost NT$49.04 billion.
Fubon said it had received approval from the Financial Supervisory Commission (FSC) to proceed with the deal.
It is preparing to file another application with the nation’s competition watchdog, the Fair Trade Commission (FTC), company spokeswoman Sophia Wang (王瑋) told a news conference in Taipei. ....

T Ai Pei , Jih Sun , Sophia Wang , Fubon Securities Co , Taipei Fubon Commercial Bank , Cathay Financial Holding Co , Jih Sun International Bank , Taipei Fubon Bank , Jih Sun Financial Holding Co , Fubon Financial Holding Co , Financial Supervisory Commission , Fair Trade Commission , Jih Sun Securities Co , Fubon Financial , Kao Shih Ching , Jih Sun Financial , டி ஐ பேய் , ஜிஹ் சூரியன் , சோபியா வாங் , கேத்தே நிதி வைத்திருத்தல் இணை , ஜிஹ் சூரியன் சர்வதேச வங்கி , ஜிஹ் சூரியன் நிதி வைத்திருத்தல் இணை , நிதி மேற்பார்வை தரகு , நியாயமான வர்த்தகம் தரகு , ஜிஹ் சூரியன் பத்திரங்கள் இணை , காவ் ஷிஹ் சிங் ,