Waleed Al-Ibrahim

MBC Group plans to go public, taps HSBC Holdings and JPMorgan Chase

MBC Group plans to go public, taps HSBC Holdings and JPMorgan Chase

  • Sources said the listing could come as early as next year but specific details, such as the size of the IPO, the valuation and the timing, are not yet clear
  • The company’s move to Saudi Arabia, its “homeland,” was described as a long-held dream by its chairman, Waleed Al-Ibrahim
By Arab News ·