TPG pays HK$1.66b for Murdoch unit Star’s Phoenix stake

US private equity firm TPG Capital will pay HK$1.66 billion (US$213.73 million) for 21st Century Fox-controlled Star Entertainment’s remaining stake in a Chinese satellite television operator.

via Business feed http://www.scmp.com/business/companies/article/1335278/tpg-pays-hk166b-murdoch-unit-stars-phoenix-stake