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FINANCIAL NEWS
OSN value at USD4.3b
25 Nov 2013
(MENAFN) Pay-TV network OSN, which is based in Dubai, was valued at USD4.3 billion as it plans for a public initial offering (IPO), Arabian Business reported.
In June, Kuwait Projects Co (KIPCO), which owns a 60.5 percent stake in the pay-TV company, said that it hired Rothschild to advise on an IPO of OSN.
The company had recently acquired Pehla Media & Entertainment, brokerage Arqaam Capital said.
OSN announced recently that it has secured a USD200 million financing facility for five years, with Mashreq being the sole lead arranger of the deal.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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