{"id":319,"date":"2011-09-15T22:32:56","date_gmt":"2011-09-15T14:32:56","guid":{"rendered":"https:\/\/insurance.vincent-chen.com\/en\/?p=319"},"modified":"2021-02-26T22:33:40","modified_gmt":"2021-02-26T14:33:40","slug":"taiwan-regulator-still-reviewing-chinatrusts-plan-to-acquire-metlife-taiwan","status":"publish","type":"post","link":"https:\/\/insurance.vincent-chen.com\/en\/taiwan-regulator-still-reviewing-chinatrusts-plan-to-acquire-metlife-taiwan\/","title":{"rendered":"Taiwan Regulator: Still Reviewing Chinatrust&#8217;s Plan To Acquire Metlife Taiwan"},"content":{"rendered":"<p>By Fanny Liu, Dow Jones Newswires | September 15, 2011<\/p>\n<p>TAIPEI (Dow Jones)&#8211;The Financial Supervisory Commission said Thursday it is still reviewing Chinatrust Financial Holding Co.&#8217;s (2891.TW) planned US$180 million acquisition of MetLife Inc.&#8217;s (MET) Taiwan life insurance unit, after the application was submitted five months ago.<!--more--><\/p>\n<p>Lin Tung-liang, secretary-general of the insurance bureau of the FSC, told reporters the regulator is now reviewing the &#8220;eligibility&#8221; of the major shareholders of Chinatrust.<\/p>\n<p>Taiwan&#8217;s government does background check on buyers, including their nationality and funding sources, if a merger or acquisition target is a local company or a local operation.<\/p>\n<p>Chinatrust Financial, which owns Chinatrust Commercial Bank Co., Taiwan&#8217;s largest credit-card issuer, has outlets in Taiwan, the U.S., Canada, the U.K., Japan, the Philippines, Thailand, Vietnam, mainland China, Hong Kong, India, Singapore and Indonesia.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Fanny Liu, Dow Jones Newswires | September 15, 2011 TAIPEI (Dow Jones)&#8211;The Financial Supervisory Commission said Thursday it is still reviewing Chinatrust Financial Holding Co.&#8217;s (2891.TW) planned US$180 million acquisition of MetLife Inc.&#8217;s (MET) Taiwan life insurance unit, after the application was submitted five months ago.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"off","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,6],"tags":[],"class_list":["post-319","post","type-post","status-publish","format-standard","hentry","category-news","category-taiwan"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/insurance.vincent-chen.com\/en\/wp-json\/wp\/v2\/posts\/319","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insurance.vincent-chen.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insurance.vincent-chen.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insurance.vincent-chen.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/insurance.vincent-chen.com\/en\/wp-json\/wp\/v2\/comments?post=319"}],"version-history":[{"count":1,"href":"https:\/\/insurance.vincent-chen.com\/en\/wp-json\/wp\/v2\/posts\/319\/revisions"}],"predecessor-version":[{"id":320,"href":"https:\/\/insurance.vincent-chen.com\/en\/wp-json\/wp\/v2\/posts\/319\/revisions\/320"}],"wp:attachment":[{"href":"https:\/\/insurance.vincent-chen.com\/en\/wp-json\/wp\/v2\/media?parent=319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurance.vincent-chen.com\/en\/wp-json\/wp\/v2\/categories?post=319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurance.vincent-chen.com\/en\/wp-json\/wp\/v2\/tags?post=319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}