(Bloomberg) MTN Uganda Ltd. shares climbed as much as 2.5% in their debut on the Uganda Securities Exchange after an initial public offering that was undersubscribed by 35%.
MTN raised 535.9 billion shillings ($150.
MTN Uganda receives consent from CMA Kenya to market its IPO to Kenyan Investors pctechmag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pctechmag.com Daily Mail and Mail on Sunday newspapers.
MTN Uganda will sell a fifth of its stake to Kenyan and other East African investors when it floats its initial public offer (IPO) on the Kampala bourse