{"id":85801,"date":"2010-11-17T00:46:58","date_gmt":"2010-11-16T16:46:58","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/permira-funds-complete-acquisition-of-asia-broadcast-satellite\/"},"modified":"2010-11-17T00:46:58","modified_gmt":"2010-11-16T16:46:58","slug":"permira-funds-complete-acquisition-of-asia-broadcast-satellite","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/permira-funds-complete-acquisition-of-asia-broadcast-satellite\/","title":{"rendered":"Permira Funds Complete Acquisition of Asia Broadcast Satellite"},"content":{"rendered":"<p>[11-16-10] <strong>Permira Funds<\/strong>, through <strong>Ace Investments 1<\/strong> Ltd., completed the acquisition of <strong>Asia Broadcast Satellite<\/strong> (ABS), Permira Funds announced Nov. 14. <br \/>\n&nbsp;&nbsp;&nbsp; The acquisition of Kingsbridge Ltd., the holding company for ABS, represents a full exit for Citigroup Venture Capital International Proprietary Investment Partnership L.P. and Citigroup Venture Capital International Co-Investment, L.P. which have been the majority shareholders of ABS since 2006.<br \/>\n&nbsp;&nbsp;&nbsp; \u201cAs our company enters the next stage of growth and development, we are very fortunate to have an investor like the Permira funds who have a deep understanding and a sound perspective of the satellite industry landscape,\u201d Thomas Choi, founder and chief executive of ABS, said in a statement. \u201cThe Permira team has expressed tremendous confidence in the ABS management team and is committed to supporting the future growth of the company.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[11-16-10] Permira Funds, through Ace Investments 1 Ltd., completed the acquisition of Asia Broadcast Satellite (ABS), Permira Funds announced Nov. 14. &nbsp;&nbsp;&nbsp; The acquisition of Kingsbridge Ltd., the holding company for ABS, represents a full exit for Citigroup Venture Capital International Proprietary Investment Partnership L.P. and Citigroup Venture Capital International Co-Investment, L.P. which have been [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-85801","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/85801"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=85801"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/85801\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=85801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=85801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=85801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}