SNB Capital Completes Lead Advisor Role for MBC Group IPO

• SNB Capital facilitated the successful offering of a 10% stake in MBC Group, the Middle East’s biggest broadcaster.
• High investor appetite resulted in demand exceeding supply for the landmark deal.

Riyadh, Saudi Arabia – 09 January 2024: SNB Capital, the leading investment bank and the largest asset manager in the region, announced today the successful completion of its financial advisory role in the initial public offering (IPO) of the MBC Group (MBC), the MENA region media broadcasting giant, which is listing on the Saudi Exchange (Tadawul).

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