Dangote: Refinery IPO attracts investors from 51 African countries
Dangote Petroleum Refinery says its ongoing Initial Public Offering has attracted investors from 51 African countries and over 90 countries worldwide. Read More: https://punchng.com/dangote-refinery-ipo-attracts-investors-from-51-african-countries/
Dangote Petroleum Refinery and Petrochemicals has announced that its initial public offering (IPO) has attracted investors from 51 of Africa's 54 countries, with subscriptions coming from over 90 countries worldwide. The company's Chief Financial Officer, Murat Erden, highlighted the significance of the offer, stating that it represents a major opportunity for both African and global investors to participate in owning a transformative industrial asset in the continent.
The IPO has broken the Nigerian capital market record on its opening day and surpassed the previous African record within its first 10 days, driven by demand from retail investors, pension funds, institutional investors, asset managers, and other members of the investing public.
Brief written by urgent.news from Punch's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
