BUSINESSPREMIUM TIMES NIGERIA
Dangote Refinery raises $2.5 billion in Africa’s largest private equity placement
Dangote Petroleum Refinery raised $2.5 billion through a private equity placement, which was oversubscribed by 3.7 times. The funds will be used for expansion and to strengthen its capital structure.
Mentioned
Related Signal
Adjacent reporting
- Dangote’s Refinery Private Placement Draws $2 Billion of Demand
- Momentum grows for Africa’s largest-ever IPO by Dangote
- Dangote Taps $2.5 Billion in Private Share Placement Before IPO
- Dangote Plans Pan-African IPO for Continent’s Biggest Refinery
- Dangote’s Refinery Hits Full Throttle Just as Its IPO Nears
- Dangote Plans Africa’s Biggest IPO, Listing His Refinery Across the Continent