MBK CNS process could jumpstart Taiwan deals
North Asia-focused buyout firm MBK Partners has started the formal sale process for its Taiwanese cable TV/broadband asset China Network Systems (CNS) with the first bidding round, forecast to fetch up to $2.5 billion in a deal shaping up to be one of the largest of the year.
Although the process is in its earliest stages, Kohlberg Kravis Roberts & Co. and Permira were previously mentioned as interested in acquiring the multi-billion-dollar company, in which MBK bought a 60%...
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