Saban, Creador anchor $228m MNC Skyvision IPO
Saban Capital Group and Creador Capital have acted as anchor investors in the IPO of MNC Skyvision, the largest pay TV company in Indonesia. The company, which began trading on the Indonesia Stock Exchange on Monday, raised IDR2.15 billion ($228 million) through the offering.
Although the shares were more than two times oversubscribed, the company fell short of its $260 million target - an amount that was already reduced last month from an ambitious $400 million. It also failed...
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