MBK Taiwan

MBK sees CNS exit for about $2.4b after aborted effort

MBK is selling its 60% stake in Taiwan’s biggest cable TV broadcaster at the second attempt after tussles with the regulator; a salutary lesson in the risks of Asian deal making.
August 25, 2014

MBK Partners is selling its 60% stake in China Network Systems (CNS) for about $2.4 billion including debt to Taiwan’s Wei family, after a protected investment period and a clash with regulators, according to a person familiar with the matter.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Related Articles

KC Kung leaves MBK Partners

Rainmaker KC Kung has left MBK Partners as the private equity firm gears up to raise its biggest ever fund.
October 18, 2016