United Capital Ethiopia named lead distributor for Dangote Refinery IPO
According to Horn Economic Review, United Capital Financial Services Ethiopia (UCFS Ethiopia) has been appointed as Joint Issuing House, Official Stockbroker and Lead Distributor for the Ethiopian placement of the $1.5 billion initial public offering (IPO) of Nigeria’s Dangote Petroleum Refinery, creating a new cross-border investment opportunity for qualified Ethiopian investors.
What happened
United Capital Financial Services Ethiopia (UCFS Ethiopia) has been appointed as Joint Issuing House, Official Stockbroker and Lead Distributor for the Ethiopian placement of the $1.5 billion initial public offering (IPO) of Nigeria’s Dangote Petroleum Refinery, creating a new cross-border investment opportunity for qualified Ethiopian investors.
Why it matters
No verified analysis is available for this report.
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