Dangote Aims to Raise $1.6 Bln in Nigeria's Biggest IPO
Share
Billionaire Aliko Dangote is seeking to raise $1.6 billion in what would be Nigeria's biggest initial public offering. Dangote Petroleum Refinery and Petrochemicals FZE is offering 4.1 billion shares at 525 naira ($0.40) each, a company spokesman said Friday. The IPO will open on Sept. 14. Bloomberg's Anthony Osae-Brown reports.
More from Australia
Coast Entertainment maps $260M Dreamworld plan
QMines raises $5.5M for Queensland project
Yari Resources reviews 199 historical drill holes
Reserve Bank of Australia increases cash rate to 4.85%
Mount Ridley Mines extracts 96% vanadium from test
Greenvale Energy begins grant-funded airborne uranium survey