Taishin Financial completed the merger with Shin Kong Financial in a TWD222.4bn deal.

Taishin Financial, a financial services company, completed the merger with Shin Kong Financial, a financing holding company in a TWD222.4bn deal. With a share swap ratio of 0.6022 Taishin Financial common shares for one Shin Kong Financial common share, while one Taishin Financial preferred share for each Shin Kong Financial preferred share. On September 12, 2024, the offer price was raised from TWD177.92bn to TWD222.4bn. The newly merged entity, TS Financial Holding, will have total assets of NT$8.43 trillion (US$253.78 billion).