Nigerian oil company Seplat will raise at least $500 million through an IPO on the London and Lagos stock exchanges through a syndicate led by BNP Paribas, Standard Bank, Renaissance Capital, Citigroup and RBC Europe. Among the company's stakeholders are French energy firm Maurel & Prom and Swiss trader Mercuria. A source close to Maurel told Reuters that Seplat would float the shares in June and that its equity was worth about $1.0 billion.Seplat......
Provide your credentials to access this page
Member Area: Log in if you have a PLS web account or Sign up for internet access now.