August 28, 2016 4:43 AM ET

Media

Company Overview of C&M Co., Ltd.

Company Overview

C&M Co., Ltd. engages in cable television broadcasting business in Seoul and Gyeonggi-do regions of South Korea. It offers digital broadcasting services, including real-time broadcasting on high-definition screens and audio through its cable networks and digital set-top boxes; and bidirectional services, such as VOD and data broadcasting services. The company also provides cable broadcasting services; high-speed Internet services; and Internet home telephone services, as well as digital contents and various package products. It offers its services to personal and business customers. The company operates 17 cable television broadcasting stations. C&M Co., Ltd. was founded in 1997 and is based...

Jeil Building 9

Teheran-ro 103-gil

Gangnam-gu

Seoul,  135-091

South Korea

Founded in 1997

Phone:

82 2 550 4500

Fax:

82 2 550 4580

Key Executives for C&M Co., Ltd.

Chief Executive Officer and President
Chief Financial Officer, Director and Member of Audit Committee
Age: 60
Chief Operating Officer and Executive Managing Director
Chief Technology Officer and Managing Director of Digital Division
General Manager
Compensation as of Fiscal Year 2016.

C&M Co., Ltd. Key Developments

C&M To Sell System Operators

C&M Co., Ltd. is selling five system operators in Gangnam, Seocho, Guro, Yongsan and East Seoul in a package deal. C&M owns a total of 17 system operators in Seoul and Gyeonggi Province and resolved to sell five of them. The combined sale price is estimated at a mid to late KRW 500 billion at a minimum.

C&M Reportedly Up For Sale

A consortium of MBK Partners, Mirae Asset Securities Co., Ltd. (KOSE:A037620) and Macquarie Group Limited (ASX:MQG) are reportedly planning to sell C&M Co., Ltd. up to $2.9 billion. Letters have been sent to other Korean cable TV firms encouraging them to bid for C&M, one person said, declining to be identified as the sale process was private. The companies will solicit offers for C&M over the coming weeks in order to completing the sale by the end of 2015. Goldman Sachs is advising MBK and Macquarie on the sale. A media representative for MBK declined comment. Macquarie did not have an immediate comment. A spokesman for C&M could not be immediately reached.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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