MTN Uganda shares climb 2.5% on debut after muted IPO demand
After an initial public offering that was undersubscribed by 35%.
Source: moneyweb.co.za
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MTN Uganda Shares Climb 2.5% on Debut After Muted IPO Demand
(Bloomberg) -- MTN Uganda Ltd. shares climbed as much as 2.5% in their debut on the Uganda Securities Exchange after an initial public offering that was undersubscribed by 35%. MTN raised 535.9 billion shillings ($150.
Source: bloombergquint.com
MTN Uganda IPO undersubscribed, raises $150.2m
MTN is seeking a $1.4bn valuation in Uganda’s biggest IPO
Source: businesslive.co.za
MTN falls short of target, raising only R2.4bn in initial public offering of Ugandan unit
The MTN Group said the initial public offering of its Ugandan unit raised 535.94 billion shillings (about R2.4 billion), less than two-thirds of its target.
Source: news24.com
MTN Group Raises $150.2 Million in Undersubscribed Uganda IPO
(Bloomberg) -- MTN Group Ltd. said the initial public offering of its Ugandan unit raised 535.94 billion shillings ($150.2 million), less than two-thirds of its target. At least 2.9 billion shares were allotted out of the 4.5 billion shares that were offered, Kampala-based MTN Uganda Ltd.
Source: bloombergquint.com