Singapore PE fund in $600m deal to buy Next Media assets
A Singaporean private equity fund is part of a consortium looking to pay NT$17.5 billion ($600 million) for various Taiwanese media assets owned by Hong Kong-listed Next Media.
The investor group, led by Chinatrust Financial chairman Jeffrey Koo, is buying Next Media's newspaper, Apple Daily, Next Magazine and Next Television. Petrochemical firm Formosa Plastics Group is also...
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