Taishin block

TPG raises $182 million from sale of Taishin Financial shares

The deal is done at a 6.4% discount as the private equity firm sells its 7.8% stake and exits the company.
<div style="text-align: left;"> Taipei, Taiwan </div>
<div style="text-align: left;"> Taipei, Taiwan </div>
July 06, 2012

Private equity firm TPG has sold its entire stake in Taiwanese lender Taishin Financial, raising $181.5 million. The deal was launched after the Taiwanese market closed on Wednesday and was quickly finalised, a source said yesterday.

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