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M&A in Taiwan

The financial sector continues to lead M&A activities in Taiwan, says PriceWaterhouseCoopers. There were 39 deals worth US$1.2 bn as of November 2004 inside the country.

A number of factors supported this activity including benefits from changes to the law relating to the M&A of financial institutions, an improvement in financial assets resulting from quality improvements introduced by the government and relative fragmentation of the financial sector.

The tech sector ranked second in terms of announced deal value.

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