Nigeria's Dangote aims for $35-40 bln in FTSE listing

LAGOS (Reuters) - Nigerian billionaire Aliko Dangote is targeting a market capitalisation of $35-40 billion for his cement company when he lists it in London next year, and the money will be used to pay off investors including himself, he told Reuters on Wednesday. "It depends on the market, but it should be something like $35 to $40 billion dollars. We are targeting something like that ...
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Added June 13, 2012
from Yahoo Nigerian News