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Dangote Refinery raises $2.5 billion in private placement, executive says
By GhanaSummary Newsroom1 min read
Last month, sources familiar with the deal told Reuters the refinery was offering 3 billion ordinary shares at $0.5 billion through a private placement as it seeks to strengthen its financing structure, company executive Devakumar Edwin confirmed on Friday.35 each, with demand already topping $2 billion.
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