Taiwan’s Fair Trade Commission to Review Combination Involving Iron and Steel Manufacturing Company
On June 4, 2025, the Taiwan Fair Trade Commission (the “TFTCâ€) issued a public announcement stating that it will accept comments and opinions from the public regarding the proposed combination between Walsin Lihwa Corporation (“Walsinâ€) and Mimosa International Limited (“Mimosaâ€) until June 10, 2025.
According to the announcement, Walsin and Mimosa propose to acquire more than one-third of the shares of PT Walsin Everising Specialty Steel Indonesia (“PTâ€). The combination is notifiable under Taiwan’s Fair Trade Act (the “TFTAâ€) because the market shares and sales revenues of the participating parties in the preceding calendar year exceed the notification thresholds set forth under the TFTA. Following the proposed transaction, Walsin and Mimosa will jointly operate PT and exercise control over PT’s business operations and personnel.
Taiwan’s Fair Trade Commission Approves Six Mergers under Simplified Processing Procedure
According to the meeting minutes of the TFTC Commissioners’ Meeting dated May 14, 2025, the TFTC approved the following six merger filings under the simplified review procedure during the period from April 29 to May 7, 2025:
1. Merger between General Electric Company and Heligear Acquisition Holdings Co.
2. Merger between Robert Bosch GmbH and Johnson Controls-Hitachi Air Conditioning Holding (UK) Ltd.
3. Merger between Hitachi Global Life Solutions, Inc. and Hitachi Air Conditioning Shimizu, Inc.
4. Merger between OCI Terrasus Sdn. Bhd. and Tokuyama Corporation.
5. Merger between Nagase & Co., Ltd. and Nagase Diagnostics Co., Ltd.
6. Merger between Taiyo Nippon Sanso Corporation, Resonac Corporation, and Clean-S Showa Co., Ltd.
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