Mirae Asset moves to enter Taiwan market via M&A deal

Jan 30, 2011

Attracted by Taiwan's growth potential and strengthening Greater China ties, Mirae Asset Global Investments signs an MOU to buy a majority stake in TLG Asset Management.

Mirae Asset Global Investments has made a strategic move to enter the Taiwan market, signing a memorandum of understanding to buy a 60% stake in TLG Asset Management, a subsidiary of Taiwan Life Insurance Company.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to AsianInvestor

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

If you are a senior professional at a large institutional asset owner, such as a sovereign wealth fund or pension fund, please contact [email protected] for further assistance.

Questions?

See here for more information on licences and prices, or contact [email protected]