Swedish private equity fund EQT Partners has put Taiwanese TV network GTV on the market for T$6 billion (€144 million), becoming the latest foreign investor aiming to exit Taiwan, according to the Economic Daily.

Potential buyers are said to include the founding family of Formosa Plastics Group, one of Taiwan’s biggest business conglomerates.

EQT Partners bought the TV network in 2011.

Other posts by :

1. FCC boss praises AST SpaceMobile
2. Rakuten makes historic satellite video call
3. Rocket Lab confirms D2C ambitions
4. Turkey establishes satellite production ecosystem
5. Italy joins Germany in IRIS2 alternate thoughts
6. Kazakhstan to create museum at Yuri Gagarin launch site
7. AST SpaceMobile gets $42 or $1500 price target
8. Analyst: GEO bloodbath taking place
9. SES AGM results: Appaloosa still objecting

Categories: Articles, Broadcast, Business, Cable, M&A