IBF Financial to acquire EnTie Bank for NT$33.7 billion

IBF Financial Holdings Co. has agreed to acquire EnTie Commercial Bank for about NT$33.7 billion (US$1.20 billion) to bring the bank completely under its corporate umbrella, according to the two financial institutions.

(Full text of the story is now in CNA English news archive. To view the full story, you will need to be a subscribed member of the CNA archive. To subscribe, please read here.)