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Costco Acquires Equity of Taiwan JV

07/11/2022

Egg-NewsIn a June 30th Reuters report, Costco Wholesale Corporation announced that it has purchased the minority stake of their partner in the Costco-Taiwan joint venture for $1.05 billion.  Costco operates 14 warehouses in Taiwan in addition to an E-Commerce site.  The transaction is expected to be accretive to earnings.
Egg-News