Will Taiwan push back against Carlyle?By
The uber-connected Carlyle Group may have some trouble getting deals done in China but is accustomed to having an easy time of it in Taiwan. The internationally isolated Taiwanese government knows that its needs to keep the Americans feeling happy about their island, and one way to do that is to be nice to Carlyle, long a home to former top officials from the Reagan, Bush I and Clinton administrations. No surprise, then, that the Washington-based private-equity group earlier this year won the Taiwanese government approved a $413 million bid by a Carlyle-led group to buy Eastern Multimedia, one of the island’s biggest cable operators.
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