Dangote refinery IPO plans sell 4.1 billion shares
Dangote Group plans to sell 4.1 billion shares in its oil refinery to raise 2.15 trillion naira ($1.6 billion), targeting Africa’s largest IPO to date.
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07:00:05 AM UTC
SquawkNews
By Isaac AnyaoguNigeria's Dangote Group is selling a 3.3% stake in its 700,000 barrels-per-day oil refinery to the public, in what is expected to be the continent's biggest such transaction.Here are some answers and questions about the business conglomerate owned by Africa's richest man, Aliko Dang…
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