Eastern Media International Corp., which currently owns a 30% stake in Eastern Broadcasting Co., is reportedly placing a bid to acquire Carlyle Group's entire 61% stake in Taiwan's largest broadcasting company.
Eastern Broadcasting Co
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American private equity firm Carlyle Group LP is considering to sell its 67% stake in Eastern Broadcasting Co. for up to USD700 million. Carlyle built a majority holding in the Taiwanese broadcaster after acquiring its parent company for USD1.5 billion.
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