ALBAWABA - MBC Group, the most prominent broadcaster in the Middle East, has announced that Istedamah Holding Company, a substantial stakeholder, has completed a legally binding Share Sale and Purchase Agreement (SPA) with the Public Investment Fund (PIF) of Saudi Arabia. In line with the agreement, Istedamah will convey its complete 54% stake, amounting to 179.55 million shares, to PIF in a private transaction evaluated at SAR 7.469 billion (approximately ...