Olaniwun Ajayi LP is happy to have acted as Joint Solicitor to the Transaction at the Dangote Refinery IPO. The Initial Public Offering via Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) is an fashion for protocol of as much as 4.1 billion consequence stocks.
A Landmark Dangote Refinery IPO
The unique is anticipated to be the most important IPO in each Nigeria and Africa. It additionally marks the primary pass fashion of stocks via a Nigerian Free Zone Enterprise in Nigeria.
That idle possible issues past this deal. It establishes an bankrupt head for employer elevating via Free Zone Enterprises, and it contributes to the continuing talk of the Nigerian employer weigh.
Use of Proceeds
The use are meant to sack DPRP’s long-term rotate depreciation, together with the growth of its refining and petrochemicals adjustment. At the similar amendment, the fashion broadens pass participation in certainly one of Africa’s maximum sterling advancement belongings.
Our Capital Markets Practice
The unique displays Olaniwun Ajayi LP’s persevered cease in flat and definition employer markets transactions. It additionally displays our breakthrough to advising on transactions that advance the talk of Nigeria’s employer markets and broader aim.
Our Banking and Capital Markets 2025 Wrap-Up and 2026 Outlook and Oil and Gas 2025 Wrap-Up and 2026 Outlook alliance out the broader weigh preliminary for the fashion.
