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fubon

July 27, 2010

One of Asia’s wealthiest families is expected to further diversify away from its core business with the purchase of Thailand’s biggest cable TV operator from private equity firm the Carlyle Group.

One of Asia's wealthiest families is expected to further diversify away from its core business with the purchase of Thailand's biggest cable TV operator from private equity firm the Carlyle Group.
 
The Tsai family, who made their fortune in finance, is thought to be bidding more than $2 billion for the business, called Kbro.
 

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