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China Development Financial Holding Corp to fully acquire Cosmos Bank Taiwan through stock swap


Monday, 10 Feb 2014 08:23am EST 

China Development Financial Holding Corp and Cosmos Bank Taiwan:Says China Development Financial Holding will fully acquire Cosmos Bank Taiwan and Cosmos Bank Taiwan will be delisted from stock exchange.Says one share of Cosmos Bank Taiwan will be exchanged for T$13.40 and 0.2 new shares issued by China Development Financial Holding.Says China Development Financial Holding is holding approximately 103,231,000 shares (6.77 pct stake), through a subsidiary China Development Industrial Bank.Says tentative record date for the transaction is July 30. 

Company Quote

9.32
-0.07 -0.75%
24 Oct 2014