By Peter Egwuatu
Skyway Aviation Handling Company, SAHCO Plc, has concluded arrangement to float an Initial Public Offering, IPO, of about N1.9 billion, the first in the capital market after four years of primary market lull. Parties to the issues, yesterday, signed the offering documents.
The company which was privatised in 2009 and acquired by Sifax Group would be raising the fund by way of offer for sale of 406,074,000 ordinary shares of 50 kobo each at N4.65 per share.
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