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MBC prices its IPO at the top of the range, valuing the broadcaster at SAR 8.1 bn

MBC prices its IPO at the top of the range, valuing the broadcaster at SAR 8.1 bn

Bankers priced the IPO at SAR 25 a piece

MBC prices IPO at SAR 23-25 per share, is fully covered in first hour of subscription period

MBC prices IPO at SAR 23-25 per share, is fully covered in first hour of subscription period

The offered price range values the company at as much as SAR 8.1 bn

Regional broadcaster MBC to go public on Tadawul in blockbuster IPO

Regional broadcaster MBC to go public on Tadawul in blockbuster IPO

HSBC, JP Morgan and SNB Capital will quarterback the sale of 10% of the region’s largest broadcaster by market share

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