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Examples
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Tsai Ming-chung, chairman of Fubon Financial Holding, yesterday announced his plan to purchase Kbro, a cable company under the Carlyle Group, through a private investment firm, confirming reports by United Daily News and Economic Daily
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The Ministry of Economic Affairs yesterday confirmed it has received the Carlyle Group's application to transfer the stake it holds in Kbro to Tsai's private investment firm, which the ministry wasn't at liberty to identify, it said.
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The media reported Tsai, along with his brother Tsai Ming-hsing, plans to spend NT$65 billion to purchase Kbro, Taiwan's largest cable operator.
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According to the reports, if the deal came through, the Tsai brothers will gain 13 new multiple systems operators (MSOs) - 12 from Kbro as well as Greater Xindian Democracy that is also under Carlyle.
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Fubon had intended to acquire Kbro through Taiwan Mobile with NT$56. 8 billion last year, yet the deal fell flat due to a law banning government agencies, political parties and the military to invest in media companies.
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Tsai Ming-chung, chairman of Fubon Financial Holding, yesterday announced his plan to purchase Kbro, a cable company under the Carlyle Group, through a private investment firm, confirming reports by United Daily News and Economic Daily
-
According to the reports, if the deal came through, the Tsai brothers will gain 13 new multiple systems operators (MSOs) - 12 from Kbro as well as Greater Xindian Democracy that is also under Carlyle.
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Fubon had intended to acquire Kbro through Taiwan Mobile with NT$56. 8 billion last year, yet the deal fell flat due to a law banning government agencies, political parties and the military to invest in media companies.
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The media reported Tsai, along with his brother Tsai Ming-hsing, plans to spend NT$65 billion to purchase Kbro, Taiwan's largest cable operator.
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The Ministry of Economic Affairs yesterday confirmed it has received the Carlyle Group's application to transfer the stake it holds in Kbro to Tsai's private investment firm, which the ministry wasn't at liberty to identify, it said.
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