TAIPEI, April 14 Swedish private equity fund EQT
Partners has put Taiwanese TV network GTV on the market for T$6
billion ($200 million), becoming the latest foreign investor
aiming to exit Taiwan, the Economic Daily reported on Monday.
Potential buyers include the founding family of Formosa
Plastics Group, one of Taiwan's biggest business conglomerates,
the paper said, citing unidentified industry sources.
EQT Partners bought the TV network in 2011, the paper said.
A high-ranking GTV official confirmed the planned sale but
declined to elaborate, it said.
Formosa, GTV and EQT Partners officials were not immediately
available for comment.
Taiwan's Eastern Media International Corp was
bidding for Carlyle Group's 61 percent stake in local TV
company Eastern Broadcasting, two sources with direct knowledge
of the matter told Reuters in January, at a valuation
substantially below Carlyle's expectations.
(Reporting by Faith Hung; Editing by Stephen Coates)