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Helios Towers plans IPO with listings in London and Johannesburg

Monday 5 March 2018 | 10:05 CET | News
Sub-Saharan telecommunications tower operator Helios Towers is planning an initial public offering (IPO) in early April to allow shareholders such as Soros Fund Management to reduce their stakes, Bloomberg reported. Helios Towers plans to list its shares in London and Johannesburg, the company said. It expects that at least 25 percent of its shares will be freely traded after the sale, and is not selling any new stock. 

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Categories: Mobile & Wireless
Companies: Helios Towers
Countries: South Africa
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