Tag: ADB IPO
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ADB IPO takes off, pegs price at 2 cedis 65 pesewas
The Agricultural Development Bank (ADB), has re-launched its Initial Public Offer (IPO) after failing to successfully complete the process a number of times. The offer which was re-launched today [November 24, 2016], seeks to raise about 380 million cedis. Managing Director of ADB, Daniel Asiedu who confirmed the re-launch in an exclusive interview with Citi…
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ADB to re-launch IPO in November, targets 5 companies
Citi Business News has gathered the Agricultural Development Bank (ADB), will re- launch its Initial Public Offer (IPO) by middle of November after it failed to successfully complete the offer in June, 2016. Documents cited by Citi Business News from the board of directors of the bank dated October 28, 2016 reveal that the IPO…