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FET arranges stake investment in CNS via buying corporate bonds

Irene Chen, Taipei; Adam Hwang, DIGITIMES Asia 0

Far EasTone Telecommunications (FET) on July 30 announced it will subscribe to 7-year unsecured corporate bonds at a fixed annual interest of 3% worth up to NT$17.12 billion (US$546 million), paving the way to acquiring a major stake in China Networks...

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