Saudi Arabian media giant MBC Group sets price range for IPO

Saudi Arabian media giant MBC Group sets price range for IPO

Riyadh, Saudi Arabia's capital and main financial hub. Photo by ekrem osmanoglu on Unsplash.

Saudi Arabian media giant MBC Group is seeking to raise as much as $222 million from the sale of a 10% stake through an initial public offering after the company disclosed an indicative price range on Thursday.

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