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Dangote Refinery IPO Launches on NGX, Africa's Largest Listing
ORF·NG·2 days ago
Sport Outlet's shareholders, who took 163M NOK in loan-financed dividends this summer, may sell shares worth up to 800M NOK during the listing. This signals potential insider selling and could pressure the stock post-IPO. The move follows a pattern of leveraged dividend extraction ahead of a public offering.