FET arranges stake investment in CNS via buying corporate bonds

Digitimes
Jul 31, 2015, 3:42 am136 pts
Far EasTone Telecommunications (FET) on July 30 announced it will subscribe to 7-year unsecured corporate bonds at a fixed annual interest of 3% worth up to NT$17.12 billion (US$546 million), paving the way to acquiring a major stake in China Networks Systems (CNS), the largest cable TV MSO in the Taiwan…

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