MTN Ghana raises GHC 1.1 bln in IPO

Friday 31 August 2018 | 10:11 CET | News
MTN Ghana raised GHC 1.1 billion selling about one third of its shares in its initial public offering (IPO), Bloomberg reported, citing a document from the company.  MTN sold 1.5 billion of the 4.6 billion shares at GHP 0.75 each after offering a 35 percent stake in May. The shares will be listed on the Ghana Stock Exchange from 05 September 2018, according to the sale prospectus. 

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Categories: Mobile & Wireless
Companies: MTN Ghana
Countries: Ghana
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