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Liberty Global, Zain invest in Iflix

Wednesday 8 March 2017 | 10:22 CET | News
Liberty Global and Zain Group are investing in Iflix, a Malaysia-based provider of subscription streaming video services, Reuters reported. Liberty and Zain, along with existing shareholders Sky, venture capital firm Catcha Group and US-based merchant bank Evolution Media Capital, invested a total USD 90 million in Iflix. The companies did not disclose how much each invested and a spokesman for Iflix declined to comment on that.

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Categories: Internet
Companies: Iflix / Liberty Global / Zain Group
Countries: Asia / Middle East
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