Taiwanese regulators give approval for sale of TBC

9 May 2008

Macquarie Media Group says it has obtained all the necessary Taiwanese regulatory approvals for the sale of its 60% interest in Taiwan Broadband Communications (TBC) to Macquarie Korea Opportunities Fund. The divestment of MMG’s interest in TBC is expected to be settled by the end of June.

Taiwan, Taiwan Broadband Communications (TBC)