AELEX acted as Solicitors to the Offer in the approximately US$1.5 billion Initial Public Offering (IPO) of Dangote Petroleum Refinery & Petrochemicals FZE. The offering is the largest single IPO undertaken in Africa and the first public offering by a Free Zone Entity in Nigeria. The transaction marks a significant development in Nigeria's capital market, providing a new route for large-scale businesses under the Free Zone framework to access public capital.
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