Dangote refinery targets 10 million retail investors for planned IPO
Nigeria's Dangote Petroleum Refinery is targeting 10 million retail investors for its planned initial public offering, Chief Executive David Bird said on Tuesday. Bird said the refinery was using Saudi Aramco's listing as a benchmark for the IPO and expected to "smash that" target.
DUBAI, Oct 6 (Reuters) — Nigeria's Dangote Petroleum Refinery is targeting 10 million retail investors for its planned initial public offering, Chief Executive David Bird said on Tuesday. Bird said the refinery is using Saudi Aramco's listing as a benchmark for the IPO and said it expects to "smash that" target. com;)