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Africa’s largest-ever IPO, Dangote’s $20 billion Nigerian oil refinery, is extending its offering by 10 days to attract more investors across the continent
Nigeria's Dangote oil refinery extended its $1.6 billion initial public offering closing date to October 27 from October 13, to give more time to investors from other African countries to participate, the company said in a statement on Monday.
Aliko Dangote has extended his $1.6 billion refinery IPO by two weeks to let more Africans buy shares, saying demand already far exceeds the offer.