Dangote Refinery IPO Draws Three Times Target Demand, Sources Say
Nigeria’s $1.6 billion Dangote refinery IPO has attracted about three times its targeted orders, according to two people with knowledge of the situation.
By Chijioke Ohuocha and MacDonald DzirutweNigeria's $1.6 billion Dangote refinery initial public offering has drawn about three times the total targeted orders, two people with knowledge of the situation said, underscoring strong demand for what has been billed as "The People's IPO".The share sale…