Taiwan Mobile to pay $1 bln for Carlyle's TV business

Wed Sep 16, 2009 2:11am EDT

 TAIPEI, Sept 16 (Reuters) - Taiwan Mobile (3045.TW) plans to
pay T$32.8 billion ($1 billion) to acquire Carlyle Group's
[CYL.UL] Taiwanese cable TV business, the mobile carrier said in
a statement on Wednesday.
 Earlier in the day, sources told Reuters that the enterprise
value of the Taiwan cable company Kbro, which includes market
value and debt, was about $1.8 billion. [ID:nTP280376]
 (Reporting by Argin Chang and Faith Hung; Editing by Chris
Lewis)



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