MTN Group Ltd. is looking for a valuation of about $1.4 billion for its unit in Uganda, as indicated by individuals with information on the matter, in what will be the country’s greatest first sale of stock.
Africa’s biggest remote transporter intends to sell 20% of the unit raising about $280 million, one individual said, asking not to be recognized before a public declaration. The move by the South African organization is pointed toward guaranteeing expansive based possession in its working auxiliaries, as indicated by an assertion on Tuesday.
On Monday, 11th, Oct 2021. MTN officials announced the sale of its 20%shares to the public as Ugandans are encouraged to buy their shares until 22nd of November 2021. Any interested Ugandan can buy shares from MTN as low as 100,000ugx. And below is how to buy the shares.
However remember to first register for SCD
Download the Prospectus Now and see more about how to buy shares in MTN.