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Carlyle (CG) and other major shareholders of Ta Chong Bank reportedly plan to sell the Taiwanese...

  • Friday, May 18, 2012, 3:04 AM ET
    Carlyle (CG) and other major shareholders of Ta Chong Bank reportedly plan to sell the Taiwanese bank to Yuanta Financial for T$37B ($1.25B). The deal would mark a profitable exit for Carlyle while giving it a 7% stake in Yuanta, which is shifting its focus back to Taiwan.
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