Thai owner of Miss Universe sells 50 percent stake

By Agence France-Presse

Jan 24, 2024 6:55 pm

BANGKOK: The Thai media company that owns Miss Universe has sold half of its stake in the long-running beauty pageant to a Mexican company for $16 million.

The sale, announced to the Bangkok stock market on Tuesday, comes two months after JKN Global Group, which bought the pageant in 2022, filed for bankruptcy.

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