AELEX plays key role in Dangote Refinery’s $1.5bn IPO

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Dangote Petroleum Refinery & Petrochemicals FZE has completed an approximately $1.5 billion IPO, described as Africa’s largest single IPO and the first public offering by a free-zone entity. Nigerian law firm AELEX acted as solicitor to the offer.

By Henry Ojelu LAGOS — The approximately US$1.5 billion Initial Public Offering, IPO, of Dangote Petroleum Refinery & Petrochemicals FZE has been completed, with AELEX acting as Solicitors to the Offer in the landmark transaction. The offering is the largest single IPO undertaken in Africa and the first public offering by a Free Zone Entity, […] The post AELEX plays key role in Dangote Refinery’s $1.5bn IPO appeared first on Vanguard News.