Nigeria's Dangote refinery targets 10 million retail investors for planned IPO, CEO says
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Dangote refinery aims to draw more retail investors than Aramco IPO, CEO says
Nigeria’s Dangote Petroleum Refinery is using Saudi Aramco’s blockbuster listing as a benchmark for its own IPO in terms of retail subscribers, Chief Executive David Bird said on Tuesday. Speaking at the Fujairah Energy Markets Forum, Bird said the refinery is targeting 10 million retail investors for its planned initial public offering. Last month, Nigeria’s …
Dangote Expects To Raise 10m Retail Investors From Public Offering
Dangote Refinery is targeting ten million retail investors for its planned initial public offering. The group’s chief executive David Bird disclosed this on Tuesday. Bird said the refinery was using Saudi Aramco’s listing as a benchmark for the IPO and expected to “smash that” target. Speaking at the Fujairah Energy Markets Forum, Bird said the […]
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