Dubai TV network OSN’s valuation surges 72% ahead of planned IPO | The National:
"Dubai-based Orbit Showtime Network (OSN) is worth US$4.3 billion, according to a new valuation by Arqaam Capital.
The brokerage said the new figure represents a 72 per cent increase following OSN’s acquisition of Pehla Media & Entertainment.
Separately, OSN yesterday secured a $200m financing facility.
Arqaam’s valuation, in a research note, places the pay-TV network among the biggest media companies in the region ahead of a planned initial public offering."
'via Blog this'
No comments:
Post a Comment