"FORBES" is considering selling his business for $630 million

World - Aug 4, 2022

The American magazine "Forbes" is investigating the possibility of selling its business for at least 630 million dollars.

The magazine has attracted the US bank "CitiGroup" to be listed on the stock exchange.

According to the contract document cited by The New York Times, Forbes will receive more than $200 million in revenue in 2021 and more than $40 million in profit. (Margin)