
MBK exits Gala TV to EQT
EQT Greater China has acquired MBK Partners-backed Taiwanese cable television company Gala TV in the latest big-name media deal out of the country. The buyout firm did not disclose the deal price, but affirmed that the capital came from its $535 million EQT Greater China II, and that it was an MBO in partnership with Gala’s CEO Lin Poa-Chuan.
Established in 1997, Gala is touted as one of Taiwan's leading TV content providers with four channels that are carried by all major cable operators. Its content includes in-house produced, commissioned...
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