LH Financial Group's is in talks to buy up to a 40% stake in Taiwanese company LH Financial Group's banking unit; the deal would be a non-binding proposal worth $ around $510 million m. (Additional reporting by Saeed Azhar in SINGAPORE; Editing by Kenneth Maxwell and Susan Fenton) This marks the latest expansion by CTBC in Thailand and Asia as it looks to diversify revenue sources beyond its competitive domestic market.
LH Financial Group's is in talks to buy up to a 40% stake in Taiwanese company LH Financial Group's banking unit; the deal would be a non-binding proposal worth $ around $510 million m. This marks the latest expansion by CTBC in Thailand and Asia as it looks to diversify revenue sources beyond its competitive domestic market.