EQT to sell Taiwan cable TV network to Formosa Plastics
EQT Partners will sell Taiwanese cable TV network Gala Television Corp. to domestic conglomerate Formosa Plastics Group.
Formosa confirmed that it would buy the private equity firm's approximately 95% interest in Gala for an undisclosed sum. Poa-Chuan Lin, CEO of GTV, said two weeks ago that an exit was imminent. Formosa...
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