Carlyle Group, MBK Partners Look at Taiwan Bank
Aggregated Source: China Venture News
April 21, 2008|
Two private equity funds, the Carlyle Group and MBK Partners, are in discussions to obtain a 25 percent stake in Sunny Bank. The small investment bank is in Taiwan. Reuters is reporting on the story.
Acording to the Reuters report, Sunny Bank is not publicly traded. It has more than 80 branches on the island and around US$9.9 billion in assets. Both PE funds are already active in Taiwan and Carlyle was involved in a deal last year that took a 35 percent stake in Taiwan's Ta Chong Bank.
© leonghimwoh
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Acording to the Reuters report, Sunny Bank is not publicly traded. It has more than 80 branches on the island and around US$9.9 billion in assets. Both PE funds are already active in Taiwan and Carlyle was involved in a deal last year that took a 35 percent stake in Taiwan's Ta Chong Bank.
© leonghimwoh
See full article.
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Contents of this feed are a property of Creative Weblogging Limited and are protected by copyright laws. Violations will be prosecuted. Please email us if you'd like to use this feed for non-commercial activities at feeds - at - creative-weblogging.com.
Original URL: Click here to visit original article
Copyright China Venture News
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