INDUSTRIAL COMPETITIVENESS: Taiwanese companies have attracted attention for their prowess in semiconductors and they aim to build a global presence through M&As
Taipei Times
Date: May 21, 2018
By: Crystal Hsu / Staff reporter
Taiwanese companies are stepping up their global mergers and acquisitions (M&A) activity.
The US$2.63 billion they spent on overseas transactions last quarter might have been a record high, international law firm White & Case LLP said.
M&A transactions by Taiwanese firms investing abroad last year reached a record high of US$7.25 billion in 28 deals, the law firm said in a report last week.
The volume of deals is the third-highest ever, down from a peak of 38 in 2016, the report said. [FULL STORY]