(Bloomberg) -- Carlyle Group and MBK Partners Ltd.
are among private equity firms seeking to buy as much as 35
percent of Taiwan's unprofitable Ta Chong Bank Ltd., said three
people with knowledge of the matter.
Affinity Equity Partners and Japan's Orix Corp., which is
teaming up with buyout fund Longreach Group, may also submit
bids, the people said, asking not to be identified because the
sale process is confidential. The bidders are betting a revived
Ta Chong may become a target for a larger bank, they said.
Read more at Bloomberg Emerging Markets News
are among private equity firms seeking to buy as much as 35
percent of Taiwan's unprofitable Ta Chong Bank Ltd., said three
people with knowledge of the matter.
Affinity Equity Partners and Japan's Orix Corp., which is
teaming up with buyout fund Longreach Group, may also submit
bids, the people said, asking not to be identified because the
sale process is confidential. The bidders are betting a revived
Ta Chong may become a target for a larger bank, they said.
Read more at Bloomberg Emerging Markets News
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