Mmegi

Bard Santner Inc handles $1.6bn Dangote IPO in Zimbabwe

 Aliko Dangote
Aliko Dangote

HARARE - Zimbabwean financial advisory, Bard Santner Inc, which specialises in asset management, corporate finance, wealth management and remittances, is handling the historic US$1.6 billion Initial Public Offering (IPO) for the Dangote Petroleum Refinery and Petrochemicals FZE - the world's largest single-train oil refinery - inside the country.

Bard Santner Investors, a subsidiary of the company, is specifically dealing with the process.

In its investment note with an October 2 deadline, Bard Santner Investors (BSI), describing itself as "your trusted partner in Zimbabwe to access the Dangote IPO", says it will guide investors through "every step" and handle documentation and compliance issues.

Editor's Comment
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When the State cannot rely on its own machinery to pursue suspected wrongdoing, repairing that machinery must become a national priority.The establishment of a Special Investigations and Asset Recovery Task Force may help government respond to the immediate challenge. However, Botswana cannot afford to leave the Directorate on Corruption and Economic Crime (DCEC) and the Directorate of Public Prosecutions (DPP) struggling whilst building...

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