ECMMaterialsRUMOURED
Aliko Dangote Pulls London Listing of Dangote Cement
Value
$18.4Bn
Target
Dangote Cement
Nigerian billionaire Aliko Dangote has pulled the planned London listing of his $18.4 billion group Dangote Cement. The listing had been planned to take place in the UK this year.
✦ Meridian Analysis
Aliko Dangote has withdrawn the planned London flotation of his $18.4 billion‑valued group Dangote Cement, a development that remains at the rumour stage. No information on pricing, underwriting syndicate, or regulatory clearance has been disclosed.
The move follows Dangote’s recent expansion into energy infrastructure, where he took a stake in a Kenyan pipeline.
Neither the price range nor the composition of a potential debt package has been made public, and no regulatory filings have been cited.
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