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Taishin completes merger, becomes Taiwan’s 9th-largest trust
Taishin Securities Investment Trust merged with Shin Kong Investment Trust, forming Taiwan’s ninth-largest investment trust with NT$530 billion in assets. The merger supports Taiwan’s goal to be an Asian asset management hub.
2025/11/24 14:45
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E.Sun to acquire Mercuries Life in stock-for-stock merger
E.Sun Financial plans to acquire Mercuries Life Insurance in a stock-for-stock merger, valuing shares at NT$8.2. This move positions E.Sun as Taiwan’s fifth-largest financial holding company.
2025/11/06 10:00
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E.SUN’s asset scale to exceed NT$5.8 trillion post-merger
E.SUN Financial merges with Mercuries Life, boosting assets to over NT$5.8 trillion. The merger enhances banking, insurance, and securities services, ensuring policyholder rights remain intact.
2025/11/05 18:02
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TS Financial becomes Taiwan’s 4th-largest financial group
Taishin and Shin Kong merged to form TS Financial Holding, now Taiwan’s fourth-largest financial group. Despite the merger’s significance, TS Financial’s stock fell over 6% on its first trading day.
2025/07/25 17:21
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Taiwan basketball leagues clash over trust breach
The Taiwan Professional Basketball League accuses P. LEAGUE+ of breaching trust, shifting focus to a merger. Future talks will prioritize mutual respect and trust.
2025/07/25 16:25
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Shin Kong Financial ends 23-year run on Taiwan exchange
Shin Kong Financial’s shares are suspended as it prepares to delist from the Taiwan Stock Exchange on July 24. The merger with Taishin Financial will create TS Financial Holding Co.
2025/07/15 16:02
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Taiwan minister dismisses UMC-GlobalFoundries merger rumors
Minister J.W. Kuo dismisses merger rumors between GlobalFoundries and UMC, stating no information has been received. Legislators express concerns over the report.
2025/04/09 16:01
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Taiwan stock market hits new high, led by TSMC gains
Taiwan’s stock market surged as TSMC and key electronics stocks rose. UMC’s stock jumped amid merger speculation with GlobalFoundries. U.S. markets showed mixed results.
2025/04/01 11:01
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Uber to pay NT$8.2B fee after foodpanda deal termination
Uber cancels its $950 million acquisition of foodpanda in Taiwan due to regulatory issues. The FTC blocked the merger over antitrust concerns, leading to a $250 million termination fee.
2025/03/12 11:15
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Far EasTone reports record revenue and profit for 2024
Far EasTone Telecommunications achieved record revenue and profit, driven by a merger with Asia Pacific Telecom. Despite 5G growth, 4G remains unmatched.
2025/03/03 15:00
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Taiwan blocks Uber Eats’ bid to acquire foodpanda
The Fair Trade Commission blocked Uber Eats’ acquisition of foodpanda in Taiwan, citing competition concerns. The decision reflects worries about market concentration.
2024/12/25 14:31
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Taipei schools plan merger for 2025 as Xinmin International
Taipei’s Qiangshu High School and Xinmin Elementary plan to merge into Xinmin International School by 2025. They await approval to start recruitment.
2024/12/13 15:42
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High market share delays Uber Eats, foodpanda merger: expert
The Fair Trade Commission extended its review of Uber Eats’ NT$30.8 billion acquisition of foodpanda by 60 days due to high market share concerns. A decision is expected by March 21, 2025.
2024/12/10 16:07
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FTC aims for Uber Eats, Foodpanda merger decision by Jan.
FTC Chairperson Lee May aims to decide on the Uber Eats and Foodpanda merger by Jan. 31. The commission is gathering input from stakeholders and will host a forum next week.
2024/11/28 12:14
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Foodpanda-Uber Eats merger awaits trade commission nod
Foodpanda’s merger with Uber Eats in Taiwan awaits the Fair Trade Commission’s decision. The review focuses on market impact and efficiency. Delivery fees will remain stable in 2024.
2024/10/18 23:00
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Taiwan labor minister opposes Uber Eats, foodpanda merger
Taiwan’s labor minister opposes the Uber Eats and foodpanda merger, citing concerns for delivery workers’ rights. The Ministry of Labor has informed the Fair Trade Commission.
2024/10/16 14:04
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Shin Kong, Taishin merger promises job security for 3 years
Mark Wei, chairman of Shin Kong Financial Holdings, assures employees job security for three years post-merger with Taishin Financial. The merger awaits FSC approval.
2024/10/11 16:26
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Shin Kong president compares merger to marriage
Discover how Shin Kong Financial Holding Co.’s president likens their merger with Taishin Financial to a marriage, aiming for long-term success and emphasizing employee and customer satisfaction.
2024/09/03 17:06
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CTBC eyes investment in Shin Kong Financial, seeks FSC nod
Discover the latest on CTBC Financial Holding’s strategic move to apply for investing in Shin Kong Financial, aiming to reshape Taiwan’s financial sector. Learn more about the ongoing consolidation talks and potential market impacts.
2024/08/20 16:38
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Shin Kong, Taishin silent on potential merger talks
Discover the latest on the potential merger between Shin Kong Financial and Taishin Holdings, which could create Taiwan’s fourth-largest financial holding company. Read now for details on the discussions and their implications.
2024/08/20 15:29
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T1 League president cites communication issues in merger
Discover the latest on Taiwan’s P.LEAGUE+ as three teams exit the merger talks, citing communication issues. Stay updated on the evolving landscape of Taiwan’s professional basketball scene.
2024/07/09 10:18
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Taipei mayor highlights benefits of regional cooperation
Discover how Taipei, New Taipei, Keelung, and Taoyuan cities are enhancing quality of life through a unified governance platform, exploring potential municipal mergers for improved services.
2024/06/12 11:11
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Uber Eats, foodpanda merger to dominate Taiwan’s market
Discover how Uber’s acquisition of foodpanda for US$950 million sets the stage for a major shift in Taiwan’s food delivery market, pending regulatory approval. Learn about the potential market impacts and consumer concerns.
2024/05/15 10:11
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T1 League discusses potential merger with PLG
Rosa Chien, president of the T1 League, discusses the challenging yet optimistic prospect of merging with the PLG, highlighting ongoing collaborations but acknowledging the complexities and potential delays in the process. As the T1 League progresses into its third season with playoffs approaching, the idea of expansion and integration with the PLG remains a significant yet intricate project.
2024/04/30 18:01
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Taiwan mobile eyes full network integration by 2024 end
Taiwan Mobile has announced its progress in completing a full network integration with Taiwan Star Telecom by the end of 2024. The company has responded to customer complaints regarding communication link quality and has initiated network integration operations since the merger. The efforts have resulted in enhanced 3G coverage by 40%, particularly in remote areas, and improvements in signal strength and internet speeds for former Taiwan Star Telecom customers. The expansion in the 2100MHz band has increased available bandwidth for 4G by 10%, benefiting both 4G and 5G users. Original Taiwan Star Telecom customers will enjoy higher-quality 5G mobile communication services without the need to swap SIM cards.
2023/12/07 20:41