Taiwan's Hon Hai in talks to buy MBK-owned cable TV network – report
Hon Hai Precision Industry, a Taiwanese electronics manufacturer best known as Foxconn, is said to be in talks with MBK Partners to buy China Network Systems (CNS).
Hon Hai could pay up to TWD$64.8 billion (2.14 billion) for MBK's 60% stake in the company, The Economic Daily reported. CNS is Taiwan's largest cable TV and broadband provider. Through the acquisition,...
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