As part of the same sale, Taiwan Mobile also divested its remaining 0.62% in the countryÆs largest telecom operator, bringing the total deal size to $958.8 million. Together the two vendors sold 5.96% of the company to international investors.
The government, which earlier in the day had sold a 1.27% stake in Chunghwa Telecom to domestic investors at a 5% discount to the local close, will hold 35.6% after this deal through the Ministry of Transport Communications MOTC and will need to seek further approval from...
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