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China Digital TV management make offer for CA subsidiary

Connectivity BusinessbyConnectivity Business
July 18, 2016
in Uncategorized
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China Digital TV has received a non-binding offer for Beijing Super TV from management that values its conditional access subsidiary at about US$90m. The offer comes after the group scrapped a complex asset restructuring deal aimed at alleviating regulatory issues that the US-listed but China-focused smart card supplier faces. China Digital TV (NYSE:STV) has received a non-binding offer for Beijing Super TV from management that […]

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Tags: Asia PacificBeijing Super TVChina Digital TVDagong TechnologyNorth AmericaPremiumShanghai Tongda Venture Capital
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