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IPO: Investment sites overwhelmed as Dangote eyes $350bn

President of Dangote Industries Limited (DIL), Aliko Dangote, yesterday said the Dangote Group has secured about $46bn to finance its group-wide expansion plans as it targets a market capitalisation…

  • Dangote Group's $350bn IPO launched on Monday
  • 4.1 billion ordinary shares offered at N525 each
  • IPO overwhelming platforms, N10bn subscribed within hours

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