M&A Deal Summary

Manulife Acquires First Securities Investment Trust Co.

On August 19, 2008, Manulife acquired financial services company First Securities Investment Trust Co. from Yuanta

Acquisition Highlights
  • This is Manulife’s 2nd transaction in the Financial Services sector.
  • This is Manulife’s 1st transaction in Taiwan.

M&A Deal Summary

Date 2008-08-19
Target First Securities Investment Trust Co.
Sector Financial Services
Buyer(s) Manulife
Sellers(s) Yuanta
Deal Type Divestiture

Target

First Securities Investment Trust Co.

Taipei, Taiwan
First Securities Investment Trust Co. Ltd. is a provider of financial services in Taiwan.

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Buyer(S) 1

Buyer

Manulife

Toronto, Ontario, Canada

Category Company
Founded 1887
Sector Financial Services
Employees37,000
Revenue 45.6B CAD (2024)
DESCRIPTION

Manulife is a financial services company with principal operations in Asia, Canada and the United States. Manulife was founded in 1887 and is based in Toronto, Ontario.


DEAL STATS #
Overall 4 of 10
Sector: Financial Services M&A 2 of 4
Type: Divestiture M&A Deals 3 of 5
Country: Taiwan M&A 1 of 1
Year: 2008 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-15 The Pramerica Life Insurance Co.

Philippines

The Pramerica Life Insurance Co., Inc. is a provider of insurance products and services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-15 Pottruff & Smith Travel Insurance Brokers

Woodbridge, Ontario, Canada

Pottruff & Smith Travel Insurance Brokers Inc. was created to offer a complete line of travel and medical insurance packages. Pottruff & Smith Travel Insurance serves some of Canada’s foremost retail travel agencies and travel fulfillment organizations with custom programs.

Buy -

Seller(S) 1

SELLER

Yuanta

Taipei City, Taiwan

Category Company
Founded 1961
Sector Financial Services
Employees15,498
Revenue 120.8B TWD (2024)
DESCRIPTION

Yuanta operates as a financial services company. Yuanta was founded in 1961 and is based in Taipei City, Taiwan.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Taiwan M&A 1 of 1
Year: 2008 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-14 Ta Chong Bank

Taipei, Taiwan

Ta Chong Bank Ltd. is a mid-sized commercial bank in Taiwan.

Buy $1.7B