MTN Uganda hits road to promote IPO in Kenya
The $250 million IPO opened mid-last month and closes on November 22.
Source: theeastafrican.co.ke
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The $250 million IPO opened mid-last month and closes on November 22.
The offer runs until November 22.
The firm owned by Kenyan billionaire businessman Jimnah Mbaru will earn hefty fees from MTN Uganda IPO.
MTN Group is selling 4.47 billion shares in its Ugandan subsidiary at a price equivalent to $0.06 apiece.
MTN Uganda will sell a fifth of its stake to Kenyan and other East African investors when it floats its IPO on Kampala bourse.