Taiwan’s Chinatrust in talks to buy Tokyo bank—report

Taiwan’s Chinatrust Commercial Bank is in talks to take over a regional Japanese bank in what would be the first such foreign acquisition, a report said Sunday.

Taiwan’s Chinatrust Commercial Bank is in talks to take over a regional Japanese bank in what would be the first such foreign acquisition, a report said Sunday.
Chinatrust Commercial Bank (Philippines) Inc. has obtained approval from the Bangko Sentral ng Pilipinas to delist from the local stock exchange and bring back full control of its stocks to private hands.
Chinatrust Commercial Bank (Philippines) Inc. obtained shareholders’ approval on Thursday to delist from the Philippine Stock Exchange and make an offer to redeem shares held by minority investors at P26.14 per share.