By Faith Hung TAIPEI (Reuters) - U.S. film maker Dan Mintz has agreed to buy Carlyle Group's 61 percent stake in Taiwan's Eastern Broadcasting Corp (EBC) for an undisclosed sum, allowing the private equity firm to sell an investment it first tried to dispose of in 2013. The statement came after the Los Angeles Times reported Mintz told the paper he had agreed to pay $600 million in the deal, seeking to tap into EBC's potential China growth as a broadcaster of content in Mandarin. The deal comes after Carlyle launched its latest bid to exit the holding last August jointly with EBC's second-biggest shareholder, Eastern Media International, for at least T$20 billion ($650 million).
Read More http://ift.tt/1P1IxTo
Bagikan Berita Ini
Related Posts :
'Harry Potter' books burned at Catholic parish in Poland
WARSAW, Poland -- Priests at a Catholic parish in northern Poland have burned books, including the … Read More...
Artists boycott Indigenous Music Awards over cultural appropriation concerns
Several artists are pulling support for the Indigenous Music Awards over concerns about cultural ap… Read More...
Amid legal troubles, Avenatti scrutinized for R. Kelly role
Michael Tarm and Don Babwin, The Associated Press
Published Monday, April 1, 2019 12:59PM EDT
Last… Read More...
Nipsey Hussle: What you need to know about the rapper shot dead at 33
Christy Somos, CTVNews.ca
Published Monday, April 1, 2019 9:20AM EDT
Last Updated Monday, April 1,… Read More...
Documentary reveals plea deal offered in 'Serial' case
BALTIMORE -- Prosecutors offered a plea deal to the man whose murder conviction has been chronicled… Read More...
0 Response to "Hollywood producer Dan Mintz agrees to buy Carlyle stake in Taiwan broadcaster"
Post a Comment