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Wireless

MTN plans IPO in Nigeria in April or May once tax issue is resolved

Thursday 14 March 2019 | 09:15 CET | News
MTN Group plans to push ahead with an initial public offering of its Nigerian unit in April or May, once its resolves a USD 2 billion tax dispute in the country, Bloomberg reported. MTN spokesman Tobe Okigbo told a media briefing in Lagos that the board can assign a value to the company and do an IPO when the tax matter has been settled, adding that its difficult to put a value on it when there is such an issue. 

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