FTC approves E.Sun Financial’s acquisition of Mercuries LifeStaff writer, with CNAThe Fair Trade Commission (FTC) said yesterday that it has given approval for E.Sun Financial Holding Co (玉山金控) to acquire Mercuries Life Insurance Co (三商美邦人壽), after determining the deal posed no risk of restricting competition. In a press release explaining its review of the acquisition, the commission noted that E.Sun Financial is primarily involved in the banking and securities sectors, while Mercuries Life operates in the life insurance industry. Currently, E.Sun’s banking subsidiary operates an insurance agency business, which is a downstream sales channel in the insurance industry. People walk past a sign displaying the logo of E.Sun Financial Holding Co outside the company’s headquarters in Taipei’s Songshan District on March 19 last year. E.Sun Financial’s acquisition of Mercuries Life via a share swap valued at NT$48.3 billion (US $1.52 billion) was announced on Jan. 23, after being approved by the two companies’ shareholders.

Source: Taipei Times April 08, 2026 17:13 UTC