Dangote offers dollar dividends to attract investors into refinery IPO

Source: BusinessDay Nigeria - Read the full article at the original source

<p>Africa&#8217;s richest man, Aliko Dangote is seeking to draw investors into the planned listing of his refinery business by anchoring returns to US dollar-denominated dividends, as he prepares to float about 10 percent minority stake in one of Africa’s largest industrial assets to fund a sweeping expansion programme. The billionaire industrialist plans to sell about [&#8230;]</p>

<p>read more <a href="https://businessday.ng/energy/article/dangote-offers-dollar-dividends-to-attract-investors-into-refinery-ipo/">Dangote offers dollar dividends to attract investors into refinery IPO</a></p>

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