MTN Uganda IPO to raise about $1.2 billion – regulator

October 5, 2021

KAMPALA (Reuters) – Telecoms firm MTN Uganda’s initial public offering is expected to raise about $1.2 billion, Keith Kalyegira, Chief Executive Officer of the Capital Markets Authority said on Tuesday.

MTN Uganda said earlier it had approval to list 20% of its shareholding.

(Reporting by Elias Biryabarema; Writing by George Obulutsa; Editing by Louise Heavens)

Source Link MTN Uganda IPO to raise about $1.2 billion – regulator