According to Bloomberg, Dangote Cement Plc is potentially reviving plans for an Initial Public Offering sale in London that could raise about US$1bn. The Nigerian company is said to have approached investment bankers to discuss a potential UK listing and issuing a debut Eurobond.
ICR spoke to a Dangote spokesperson who said, "Such corporate actions as Bloomberg reports would require Board approval..." Currently, Dangote claims no such decision has been taken on either matter.
Crown Cement earned a profit after tax of BDT1001m in FY24
Crown Cement PLC, in Bangladesh, recently released its annual report for FY23-24. During the las...