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Consoliated bank IPO
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Sober
#1 Posted : Thursday, September 22, 2011 11:35:50 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
Bank plans to raise 2Bn from an IPO. what is the hurry with IPOs now that the market has become so brutal.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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  | | Edit by user: Thursday, September 22, 2011 11:39 AM | Reason: Not specified
FUNKY
#2 Posted : Thursday, September 22, 2011 11:51:19 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
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JabaBoeku
#3 Posted : Thursday, September 22, 2011 3:22:14 PM
Rank: Member

Joined: 4/28/2008
Posts: 53
Inclusion of a strategic partner in the bank’s shareholding structure also remains an option.

The bank’s management and board of directors have expressed their preference for an IPO, but the final decision would be left to Parliament, which shall approve or reject the commission’s recommended action.

I'd simply wait & see how this works out!
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Sober
#4 Posted : Thursday, September 22, 2011 3:34:55 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
if they decide to go the IPO way i would advice they way until the current disease is healed.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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