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Sunil Mittal s Uganda IPO flops as investors prefer bonds: Report

Indian billionaire Sunil Mittal’s Airtel Uganda Ltd. failed to sell about half of the shares on offer in its initial public offering (IPO), as investors stayed away, preferring high-yield government.

Joe bidenBenoni okwenjePaul bwisoYoweri museveniSunil mittal airtel uganda ltdUganda security exchangeUganda ltdNational social security fundSunil mittalAirtel ugandaEast africanChief executive officerPresident yoweri museveniCentenary bankUganda ipo

Sunil Mittal s Airtel Uganda IPO flops as investors prefer bonds

President Yoweri Museveni’s government four years ago ordered wireless companies to sell 20% stakes to local investors in a bid to deepen the market.

Joe bidenYoweri museveniPaul bwisoBenoni okwenjeNational social security fundUganda security exchangeUganda ltdSunil mittal airtel uganda ltdSunil mittalAirtel ugandaEast africanChief executive officer paul bwisoCentenary bankSunil mittal

Sunil Mittal S Uganda IPO Flops As Investors Prefer Bonds: Report

Sunil Mittal S Uganda IPO Flops As Investors Prefer Bonds: Report
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

Paul bwisoJoe bidenYoweri museveniBenoni okwenjeSunil mittal airtel uganda ltdNational social security fundUganda ltdUganda security exchangeSunil mittalAirtel ugandaEast africanChief executive officerPresident yoweri museveniCentenary bank

Sunil Mittal s Uganda IPO flops as investors prefer bonds: Report

, Nov 7 (IANS) Indian billionaire Sunil Mittal's Airtel Uganda Ltd. failed to sell about half of the shares on offer in its initial public offering (IPO), as investors stayed away, preferring high-yield government bonds, a media report .

Paul bwisoBenoni okwenjeYoweri museveniJoe bidenNational social security fundUganda ltdUganda security exchangeSunil mittal airtel uganda ltdSunil mittalAirtel ugandaEast africanChief executive officerPresident yoweri museveniCentenary bank

Sunil Mittal s Uganda IPO flops as investors prefer bonds: Report

Sunil Mittal s Uganda IPO flops as investors prefer bonds: Report
investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.

Joe bidenPaul bwisoSunil mittal airtelYoweri museveniBenoni okwenjeNational social security fundUganda security exchangeUganda ltdSunil mittalEast africanChief executive officerPresident yoweri museveniCentenary bank