Ghana: SEC investigates ADB over IPO results
The Securities and Exchange Commission (SEC) has commenced investigations into Agricultural Development Bank (ADB)’s Initial Public Offer (IPO).
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The Securities and Exchange Commission (SEC) has commenced investigations into Agricultural Development Bank (ADB)’s Initial Public Offer (IPO).
Ordinary shares of the Agricultural Development Bank (ADB) are expected to be listed on the Ghana Stock Exchange today following a successful Initial Public Offer (IPO).
Agricultural Development Bank Ltd. raised 450 million cedis ($119 million), the largest initial public offering in Ghana’s history, last month, according Bloomberg, citing to two people familiar with the deal.
The Agricultural Development Bank Limited (ADB) has extended its Initial Public Offer (IPO).