Deals
Next Media to Give More Information on Print-Unit Sale in Taiwan
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Next Media Ltd., controlled by Hong Kong’s Jimmy Lai, said it will provide more information about the disposal of its print unit at the request of Taiwan’s regulators.
Taiwan’s Fair Trade Commission wants additional data about the company and the unit’s buyers for the sale to be considered, Next Media said in a statement to the Hong Kong stock exchange today. The publisher of Apple Daily newspapers last month announced the sale of its Taiwan print and television units to two groups of four buyers for NT$17.5 billion ($604 million).