LBC Express set to buy Taiwan firm

By Brix Lelis

Sep 30, 2023 12:26 am

LOGISTICS and remittance service provider LBC Express Holdings Inc. on Friday said it was set to acquire Taiwan-based Blue Eagle and LBC Service Ltd. following approval from the Republic of China's (ROC) regulatory agency.

LBC Express said it had been notified the previous day about the regulator's nod regarding its acquisition of 100-percent equity in the company, which is engaged in employment services and organized under ROC laws.

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