TBC stake up for sale

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An important stake in one of Taiwan's leading cable operators has been put up for sale by some of the company's foreign owners. Taiwan Broadband Communications is owned by a consortium made up of two investment funds linked to Australia's Macquarie Group and Intermediate Capital Group, a London-based provider of debt finance. According to reports, the consortium has in recent weeks held talks with several global private equity funds that could result in a sale of up to 49 per cent of TBC.


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