Indian billionaire Mukesh Ambani's Jio shares fetch 22% premium before Wednesday's debut
Shares of Mukesh Ambani's Jio Platforms are quoted 22% above their IPO price in India's gray market, a day before the record listing.
IPO
Australian billionaire James Packer's AI bet in doubt after $30 billion IPO flop
James Packer backed Firmus Technologies when the AI data centre company was valued at $5.5 billion. After its proposed A$44 billion stock market debut collapsed, the company is looking to private investors for its next phase of growth.
Nigerian billionaire Aliko Dangote’s refinery IPO opens to Uganda’s wealthy investors
Uganda’s markets regulator has opened Aliko Dangote’s $1.6 billion refinery IPO to high-net-worth and professional investors, days before the offer closes on Oct. 13.
Indian billionaire Sunil Mittal's Airtel Money eyes acquisitions after London IPO
Airtel Money could tap London's markets to buy African fintechs after its £5.3 billion listing on Oct. 14, chief executive Ian Ferrao said.
Billionaire Aliko Dangote pledges to list Kenya refinery on Nairobi bourse
Nigerian billionaire Aliko Dangote promises to list his planned East African refinery on the Nairobi bourse, a day before breaking ground in Lamu.
Jay-Z and Serena Williams near a payday as their Indonesian coffee chain moves toward an IPO
Kopi Kenangan has announced a secondary share sale by existing stakeholders as it moves toward an IPO that could value it at about $1 billion.
Africa's richest man Aliko Dangote will take his fertiliser company public in 2028
Aliko Dangote says Dangote Fertiliser will list in 2028, when he expects capacity to reach 12 million tonnes a year across Nigeria and Ethiopia.
Indian billionaire Mukesh Ambani is selling 2.5% of Jio in India's biggest share sale
Jio Platforms starts investor meetings this month across five markets, ahead of a November listing that bankers have valued at up to $180 billion.
Billionaire Aliko Dangote says refinery could pursue U.S. secondary listing
Billionaire Aliko Dangote says his refinery could pursue a U.S. secondary listing in about three to four years after establishing a public trading record in Nigeria.
Billionaire Aliko Dangote gains $3.3 million as refinery IPO nears
Aliko Dangote added $3.3 million to his fortune as investors reacted to the upcoming IPO of his $20 billion refinery, which opens September 14.
Nigeria's SEC bans unauthorized Dangote Refinery IPO marketing
Nigeria's SEC has banned marketing of a purported Dangote Petroleum Refinery IPO, warning no application has been filed with or approved by the regulator.