Dangote to retain 84.34% control of Refinery after planned N2.15 trillion IPO, Prospectus shows

Despite N2.15 trillion planned share sale in what is widely considered to be Africa’s biggest share sale, Aliko Dangote's beneficial ownership of Dangote Petroleum Refinery & Petrochemicals FZE (DPRP) will stand at 84.34%, not the 65.8% suggested by his largest single shareholding vehicle. The post Dangote to retain 84.34% control of Refinery after planned N2.15 trillion IPO, Prospectus shows appeared first on Nairametrics.

Dangote to retain 84.34% control of Refinery after planned N2.15 trillion IPO, Prospectus shows












Despite N2.15 trillion planned share sale in what is widely considered to be Africa’s biggest share sale, Aliko Dangote's beneficial ownership of Dangote Petroleum Refinery & Petrochemicals FZE (DPRP) will stand at 84.34%, not the 65.8% suggested by his largest single shareholding vehicle.

The post Dangote to retain 84.34% control of Refinery after planned N2.15 trillion IPO, Prospectus shows appeared first on Nairametrics.

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