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MTN Nigeria schedules IPO for August - report

Monday 9 July 2018 | 08:59 CET | News
MTN Nigeria's initial public offering (IPO) has been set for August and approved by Nigeria's Securities and Exchange Commission (SEC), BusinessDay reported citing a source familiar with the matter. The daily reported that MTN Nigeria is expected to attract a market value of between NGN 3.2 trillion and NGN 3.9 trillion, and the proceeds of the IPO will go towards reducing debt and funding the local business.

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