Home NewsApril, 2020 [ Merger notifications or concerted action applications]
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  1. Yageo Corporation filed a merger notification regarding its intention to acquire 100% of the shares of US company KEMET Corporation through its subsidiary. Citing Article 13 (1) of the Fair Trade Act, the FTC did not prohibit the merger.
  2. Cathay Life Insurance Co., Ltd. filed a merger notification regarding its intention to merge with Lin Yuan Property Management Co., Ltd. Citing Article 13 (1) of the Fair Trade Act, the FTC did not prohibit the merger.
  3. Rakuten Bank Ltd., Rakuten Card Co., Ltd. and IBF Financial Holdings filed a merger notification regarding their intention to establish a joint venture called Rakuten International Commercial Bank to run online-only banking business. Citing Article 13 (1) of the Fair Trade Act, the FTC did not prohibit the merger.

《In case of any discrepancy between the English version and the Chinese Version, the latter shall prevail.》

Updated at:2020-05-26 09:25:17
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