MTN to list over a third of Ghanaian unit in IPO

25 May 2018

MTN Ghana will list one third of the company’s shares next week in an initial public offering (IPO) valued at USD754 million, writes Bloomberg. The IPO will begin on 29 May and finish by the end of July according to an unnamed source familiar with the matter. The shares to be offered represent 35% of MTN Ghana in line with the company’s obligations as part of its 4G LTE licence agreement obtained in 2015.

Ghana, MTN Ghana