Carlyle to pay $483m for GE's AsiaSat stake, launch take-private
The Carlyle Group has agreed to acquire General Electric’s (GE) interest in Asia Satellite Telecommunications (AsiaSat) for up to HK$3.75 billion ($483 million) and then make a buyout offer for the Hong Kong-listed company.
In operation since 1988, AsiaSat has a network of six satellites covering more than 50 countries in the Asia Pacific region. It serves 150 public and private television and radio broadcasters, offering...
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