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Mirae Asset set to acquire majority stake in TLG Life Asset Management

Mirae Asset has signed a memorandum of understanding (MOU) to acquire a 60% stake in TLG Asset Management, a subsidiary of Taiwan Life Insurance Company. Under this MOU, Mirae Asset will be the largest shareholder of Taiwan Life Asset Management, a mid-sized asset management company with assets under management of US$270 million. The acquisition will enable Mirae Asset to provide…

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