HK$4.7b deal to sell Jimmy Lai's Taiwan unit postponed

The HK$4.7 billion deal for the sale of publishing tycoon Jimmy Lai Chee-ying's Next Media holdings in Taiwan was put on hold yesterday, hours before it was supposed to have been sealed.

A row over payment and shareholding issues saw the signing postponed until later this month, although no new date has been set. It comes after the surprising news that Lai's bitter adversary Tsai Eng-meng is part of the consortium of buyers.

via Business feed http://www.scmp.com/news/china/article/1085008/hk47b-deal-sell-jimmy-lais-taiwan-unit-postponed