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Tycoon Sunil Mittal's Uganda IPO flops as investors prefer bonds, ET Telecom

Sunil Mittal: Airtel said it managed to raise 211.4 billion shillings ($56 million) after selling 54.5% of the 8 billion shares on offer. Retail investors bought just 0.3% of the IPO. Shares were unchanged at 100 shillings on its debut on Tuesday. ....

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sunil mittal: Tycoon Sunil Mittal's Uganda IPO flops as investors prefer bonds

Airtel said it managed to raise 211.4 billion shillings ($56 million) after selling 54.5% of the 8 billion shares on offer. Retail investors bought just 0.3% of the IPO. Shares were unchanged at 100 shillings on its debut on Tuesday. ....

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Cross-listed firms cost investors Shs2.2 trillion

The loss was largely driven by a drop in the market capitalisation of five cross-listed counters including Centum Investments, East African Breweries Limited, Kenya Airways, KCB and Equity Bank ....

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Sudhir pledges Shs 4bn for Airtel Uganda IPO

Airtel ....

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Stakeholders say Significant Investment Pledge for Airtel Uganda IPO Demonstrates Strong Confidence

Stakeholders say Significant Investment Pledge for Airtel Uganda IPO Demonstrates Strong Confidence
chimpreports.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chimpreports.com Daily Mail and Mail on Sunday newspapers.

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