Carlyle Kbro Taiwan deal in line for regulatory approval
The Carlyle Group is due to receive regulatory clearance for the $1.14 billion sale of its Taiwanese cable investee Kbro to the local Tsai family, principal promoters of strategic Taiwan Mobile, after the deal was stalled in June by a regulatory issue.
Taiwan's National Communications Commission is due to approve the deal subject to some final documentation. The original deal fell through owing to a small indirect Taipei city government stake in Taiwan...
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