WIRE — Dangote Refinery on Thursday announced that it has successfully raised $2.5 billion in new equity through a private placement. The refinery disclosed this in a statement on Thursday. According to the firm, the $2.5 billion equity raise was 3.7 times oversubscribed relative to the initial offer size and resulted in the issuance of new equity. Dangote Refinery raises $2.5bn through private equity placement
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