Shinsei Bank and Capital Target Ltd. acquire control of Jih Sun Financial
Clients Shinsei Bank Limited
Jones Day advised Shinsei Bank Limited in its T$9.4 billion ($279.7 million) acquisition, along with Capital Target Ltd., of a controlling interest in Jih Sun Financial Holding Co. The consortium acquired new shares with the remaining shares being subscribed to by existing shareholders and individual investors. This transaction was the first foreign takeover of a Taiwanese financial holding company.