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PIF

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PIF acquires majority stake in former Nine CEO Mike Sneesby's MBC Group for $2b
Television

PIF acquires majority stake in former Nine CEO Mike Sneesby's MBC Group for $2b

The Saudi Public Investment Fund has completed its acquisition of 54 per cent of MBC Group, the MENA media giant behind Shahid and 13 free-to-air TV channels.

by Mediaweek Admin – Sep 23, 2025

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