
JKN Global Group sealed a deal to acquire Miss Universe Organization (MUO) from IMG Worldwide at US$14 million, its chief executive officer Jakkaphong "Anne" Jakrajutatip said on Wednesday.
Ms Jakkaphong said JKN reached the acquisition agreement with Endeavor Group Holdings which holds the copyrights of Miss Universe through its wholly owned IMG Worldwide. JKN will pay for the acquisition with its working capital.